Key Facts
Adding value to real estate
Mapletree US & EU Logistics Private Trust (MUSEL)

  • The Trust aims to generate stable income to deliver an attractive total return
  • It focuses on high quality income generating logistics assets in Europe and the United States (US)
  • The Trust has invested in a portfolio of 262 logistics assets across 26 states in the US and 20 European cities across 7 European countries 
  • Possesses similar distribution principles as a Singapore-listed real estate investment trust (“S-REIT”)

Mapletree US & EU Logistics Private Trust (MUSEL) is a logistics-focused fund investing in a diversified pan American and pan European portfolio with strategically located quality logistics properties. The portfolio features well-located assets with good connectivity to transportation nodes, as well as robust demand for logistics space, from industries such as e-commerce, third-party logistics and consumer products. The trust provides investors with a unique opportunity to invest in a well-diversified portfolio of high quality logistics properties, while enjoying an attractive total return and cash yield.

MUSEL is fully invested with an aggregate committed capital of approximately US$1.8 billion at Closing Date.

Mapletree is the sponsor of MUSEL. MUSEL is managed by Mapletree Real Estate Advisors Pte. Ltd. (MREAL), a wholly-owned subsidiary of Mapletree. 

Fund Overview
Fund Type Private Trust
Legal structure Unregistered Business Trust
Vintage 2019
Asset Class Logistics
Investment Universe US & Europe
Initial Term 7 years
Fund Size (US$ bn) 1.8
 AUM1 (US$ bn)  4.3


1 As of Closing Date