MapletreeLog: Australia a potential core market
Logistics trust buying a premium cold store warehouse in Sydney for A$253 million
Singapore
MAPLETREE Logistics Trust (MLT), which is acquiring Coles Chilled Distribution Centre in Sydney for A$253 million (S$260 million), sees the purchase of the premium cold store warehouse as a springboard for further expansion into Australia.
MLT Management's chief executive officer Ng Kiat said that Australia could potentially become a new core market fo…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag