News about Mapletree Logistics Trust —
Mapletree Logistics Trust plans to acquire a group of 9 properties across Asia (7 in China, 1 in Malaysia and 1 in Vietnam) as well as the remaining 50% stake in a portfolio of 15 Chinese properties. The aggregate transaction is done on a S$1.04 billion valuation.
Funding is done by a mix of debt and equity raise (private placement and preferential offering) and is expected to be DPU and NAV accretive.