SINGAPORE (July 25): Mapletree Logistics Trust (MLT) listed on the Singapore Exchange (SGX) in July 2005, with just 15 Singapore-based properties in its IPO portfolio.
Fast forward 14 years, the REIT’s portfolio as at June 30 comprises 137 properties across Singapore, Hong Kong, Japan, Australia, South Korea, China, Malaysia and Vietnam valued at $7.9 billion.
Year to date, the counter is up 25.2% at $1.59 as it rides on strengthening market dynamics.
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