Mapletree Logistics Trust (MLT) has completed the divestment of two warehouse properties in Japan for 4.25 billion Japanese yen (S$37.5 million).

Its manager said on Wednesday (Nov 27) that MLT’s trustee – HSBC Institutional Trust Services (Singapore) – had entered into sale and purchase agreements with a third-party buyer for the proposed divestment of Toki Centre and Aichi Miyoshi Centre in Japan.