Wednesday 13 July 2016

Mapletree Logistics Trust to acquire Shah Alam warehouse for RM160 million

Mapletree Logistics Trust (MLT) is acquiring a warehouse facility in Malaysia (Mapletree Shah Alam Logistics Parks) at a price of RM160 million from Mapletree Investments. The 3 blocks of single-storey multi-tenanted warehouse with mezzanine offices, has a total gross floor area about 60,905sm and is designed with modern building specifications. It offers net property income yield of 7.5%.

(The Edge Property, 29/06/2016)

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