Mapletree Logistics Sells Warehouse for S$22.4M

News about Mapletree Logistics Trust

Mapletree Logistics Trust has agreed to sell a 6 storey warehouse to Vicom. The property, located in Bukit Batok Street 23, was bought in 2005 for S$20.32 million and will be sold for S$22.4 million and has a 18,843 m² gross floor area.

Mapletree Logistics Trust
Price1.460 SGD
NAV1.370 SGD
Yield (4 quarters)6.21%
Gearing38.8%