Mapletree Logistics Trust announced the acquisition of interests1 in a portfolio of five modern, freehold logistics properties located in Yongin-Icheon, South Korea, at a purchase consideration of KRW 280.0 billion (SGD 334.8 million2). The Properties are being acquired from Kookmin Bank Co. Ltd., in its capacities as trustee of Mirae Asset MAPS Logistics Private Qualified Investor Real Estate Investment Trust No. 3, and as trustee of Mirae Asset MAPS Logistics Private Qualified Investor Real Estate Investment Trust No. 4.