Mapletree Logistics Trust Completes Divestment of Property in Australia

MT Newswires

10/14

Mapletree Logistics Trust (SGX:M44U) completed the divestment of 28 Bilston Drive in Victoria, Australia, according to a Monday filing with the Singapore Exchange.

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

Following the divestment, the trust's portfolio stands at 174 properties, with the total value of assets under management at SG$13 billion.

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