Mapletree Logistics Trust divests two properties in Malaysia
Following the divestment, MLT’s portfolio stands at 181 properties.
Mapletree Logistics Trust (MLT) has divested two of three properties located at Section 23, Shah Alam and Senai, Johor in Malaysia.
According to the company, the divestment of the remaining property (Linfox) is still ongoing.
Following the divestment, MLT’s portfolio now has 181 properties and the total value of assets under management is $13.4b.