Mapletree Logistics Trust Divests Singapore and Malaysian Assets
Nov 10, 2023 – Mapletree Logistics Trust has agreed to divest 10 Tuas Avenue 13 in Singapore at S$11.11 million. Separately, it is selling Flexhub and Padi in Malaysia at a total sale price of MYR151.2 million, or approximately S$43.8 million. Completed in 2008, the Singapore property is a six-storey cargo lift warehouse with a gross …
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