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Home / Capital / Ma

MapletreeLog Trust enters into agreement to buy Melbourne logistics property for $17.4 mil

M&A

MapletreeLog Trust enters into agreement to buy Melbourne logistics property for $17.4 mil

Stanislaus Jude Chan Published on Tue, Sep 17, 2019 / 6:49 PM GMT+8

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SINGAPORE (Sept 17): The manager of Mapletree Logistics Trust (MLT) announced Tuesday it has entered into a conditional forward purchase agreement for the acquisition of a warehouse in Melbourne, Australia at a property purchase price of A$18.4 million ($17.4 million).

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