Mapletree Logistics Completes Victoria Property Acquisition
September 22, 2020 – Mapletree Logistics Trust Management Ltd., as manager of Mapletree Logistics Trust (MLT) announced that the acquisition of a logistics property in Truganina, Melbourne, Victoria, Australia, has been completed today.
Prior to completion, the Manager has secured lease commitment for 100% of the property’s lettable area.
Following this acquisition, MLT’s portfolio has increased to 146 properties comprising 52 properties in Singapore, 9 in Hong Kong SAR, 17 in Japan, 23 in China (50% interest in 15 properties), 11 in Australia, 15 in Malaysia, 13 in South Korea and 6 in Vietnam.
Read full statement here..