Mapletree Logistics Trust to divest Selangor industrial building for RM60 million

News about Mapletree Logistics Trust
Mapletree Logistics Trust (MLT) will divest Century, a 17-year-old industrial building in Selangor, Malaysia, for RM60 million (S$17.7 million).

In a bourse filing on Monday (Aug 7), the real estate investment trust’s (Reit) manager said that the Reit’s trustee has entered into a sale and purchase agreement with an unrelated third party.
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Mapletree Logistics Trust
Price1.300 SGD
NAV1.260 SGD
Yield (4 quarters)5.69%
Gearing40.7%
Mapletree Logistics Trust