Mapletree Logistics Trust (M44U) announced on Sep, 21 2026 that it has granted Prima Limited a further nine-month extension of the leases and licences for the property at 201 Keppel Road, Singapore, moving the expiry date from Apr, 30 2027 to Jan, 31 2028, subject to regulatory approvals.
Consequently, sponsor Mapletree Investments Pte Ltd has agreed to defer by the same nine-month period its right to exercise the Mapletree (Prima) Call Option Agreement, with all other terms remaining unchanged. The Audit and Risk Committee of the REIT manager has reviewed and approved the deferment.
The property sits within the 24-hectare HarbourFront precinct, where various redevelopment options are being assessed in conjunction with authorities as part of plans for the Greater Southern Waterfront rejuvenation.