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Over the past five years, it’s been a real rocket ship ride in the U.S. for Mapletree Investments. That’s the apt description of Rich Prokup, who leads US operations for the Singapore-based firm and is the guest on this episode.

Under Prokup’s leadership, Mapletree has become one of the industrial sector’s fastest-growing, most prolific investors and developers. In just a few short years, the company has created a U.S. footprint that now encompasses five offices, 150 team members and half a billion dollars of product in development.

In this conversation, Prokup tells why the company is focusing on development in 2026, and what will be driving leasing demand. He outlines the biggest challenges that owners and their clients will face.

Prokup is also an accomplished musician, and that seems to reveal what appeals to him most about his profession. As he puts it: “Real estate is a very creative business. You’re not spending time focusing on how to save a half a penny on 10 million widgets.” Take a listen.