You are here

Mapletree Logistics Trust to pick up 4 Sydney warehouses for A$85m

It expects the acquisition "to be accretive at the distribution level" and the properties are 100% leased out

mapletree1.jpg
Fresh from raising S$250 million through issuing perpetual securities earlier this month, Mapletree Logistics Trust (MLT) has unveiled plans to use up a chunk of the proceeds to scale up in Australia.

Singapore

FRESH from raising S$250 million through issuing perpetual securities earlier this month, Mapletree Logistics Trust (MLT) has unveiled plans to use up a chunk of the proceeds to scale up in Australia.

The logistics real estate investment trust (Reit) announced plans to