Real estate development is rapidly evolving and staying ahead requires more than market awareness; it demands active dialogue with industry leaders and peers. In that spirit, Mr Chiagorom Osu, Head of US Logistics Development at Mapletree, participated as a panellist at the Mortgage Bankers Association of New York’s Real Estate Lending & Investment Summit.
As part of the panel discussion titled Real Estate Reimagined – Development & Ownership Trends for 2025, Mr Osu shared how Mapletree is navigating the complexities of the current US market, including responding to the impact of US trade tariffs, adapting to regulatory shifts, and responding to evolving tenant demands. He outlined the Group’s plans to accelerate its US development pipeline. As at 31 March 2026, Mapletree had ~US$500 million (~S$640.4 million1) of logistics projects under development in the US, scheduled for completion between 2H 2026 and 2027. These projects, situated in key target markets, are designed to deliver best-in-class logistics facilities capable of attracting a broad and diverse range of occupiers.
Separately, Mr Richard Prokup, CEO, US, Mapletree, joined the Bisnow Midwest Industrial Summit panel of industry leaders and highlighted the Group’s continued confidence in the US industrial market. He noted that Mapletree initiated three new industrial developments in Chicago in 2025, with further investment planned for 2026. Mr Prokup observed that Chicago has demonstrated an exceptional degree of market stability – a staying power he described as unlike anything he has witnessed in his decades of experience in the sector, and one that is increasingly capturing the attention of institutional investors.
Mapletree’s sustained investment in US industrial and logistics real estate reflects not only its conviction in the long-term fundamentals of the sector, but also its broader commitment to building resilient, future-ready assets that meet the evolving demands of occupiers and investors alike. Sustainability and technology integration remain central considerations in how these assets are designed and operated, ensuring that Mapletree’s growing US portfolio continues to meet the highest standards of environmental performance and tenant experience.
Mr Richard Prokup, Mapletree’s US CEO (second from left), joins the Assembling a Knockout Capital Strategy panel at Bisnow’s Midwest Industrial Summit.
1Based on exchange rate as at 31 March 2026.
