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MapletreeLog gives open listing to agents for 14 properties

The assets had a total value of S$291m as at March 31; trust seen rejuvenating its portfolio
Friday, November 18, 2016 - 05:50

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Among the properties in the open listing is 7 Penjuru Close, which was valued at S$51.9 million as at end March and fully leased to one tenant, SH Cogent Logistics.

Singapore

MAPLETREE Logistics Trust (MLT) recently gave an open listing to agents for a string of 14 properties in Singapore in what is seen as a portfolio rejuvenation exercise by the trust to divest older properties.

As at March 31, 2016, the 14 properties, all on leasehold sites

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