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.
See: MLT enters into sale-and-leaseback agreement for 5 local logistics properties worth $778.3 mil
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