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Home / Capital / Brokers Calls

MapletreeLog consolidates its stronghold in Singapore

Broker's Calls

MapletreeLog consolidates its stronghold in Singapore

Samantha Chiew Published on Tue, Oct 09, 2018 / 11:28 AM GMT+8

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SINGAPORE (Oct 9): OCBC Investment Research continues to rate Mapletree Logistics Trust (MLT) a “buy” with a target price of $1.37.

This came on the back of the trust completing its acquisition of a portfolio of five modern ramp-up logistics properties in Singapore from CWT on Sept 28, following relevant approvals and successful private placement exercise.

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