On June 17th Mapletree
Logistics Trust Management Ltd., as manager of Mapletree Logistics Trust is
pleased to announce that the acquisition of KPPC Pyeongtaek Centre, South Korea
(the “Property”) has been completed further to its press release dated 25 May
2011. The Property was acquired for a consideration of KRW 75.6 billion
(approximately S$85.9 million) and has been fully funded by debt.
Source: Mapletree (Edited and translated
by Bear Logi)
Medipal Holdings Corporation has announced
that Mediceo Corporation, a consolidated subsidiary of Medipal, would complete
construction of Nagoya
Center on June 9.
Nagoya ALC is an urban full line logistics center
based on the management plan “2014 Medipal Medium-term Vision”. Medipal
invested total amount of 8 billion Yen to build the facilities which manage
medical drugs. The building has 4 stories above ground, 24,616 m2 total floor
space, and its annual maximum delivery capacity is estimated around 220 billion
Medipal regards the new facilities as an
Center focused on the
delivery optimization to cut the loss in delivery process from the manufacturer
to the actual end users.
of Nagoya ALC]
Name: Mediceo Nagoya ALC
Address: 1-5 Nishi buwajima cho Ni Shinden
Site space: 31,272 m2
Construction space: 10,156 m2
Total floor space: 24,616 m2
Construction: Combined method of Rhamen
Completely covered/ Aichi, Gifu,
Mie, Toyama, Ishikawa, Fukui pref.
covered/ Syohoku area in Shiga, and Shinnomiya area in Wakayama
Medipal Holdings (Edited and translated by Bear Logi)