Mapletree Logistics Trust Completes Divestment of Property; Shares Up Nearly 1%

MT Newswires

07-16

Mapletree Logistics Trust (SGX:M44U) completed the divestment of 31 Penjuru Lane in Singapore, according to a filing with the Singapore Exchange late Tuesday.

Shares of the trust were up nearly 1% in recent trading.

Following the divestment, the trust's portfolio now stands at 177 properties with a total value of assets under management at SG$13.3 billion.

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