SINGAPORE (Jan 28): Mapletree Logistics Trust (MLT) is acquiring an effective interest of 98.47% in Mapletree Kobe Logistics Centre in Japan for an agreed property value of 22.20 billion yen ($272.5 million), the REIT manager announced Tuesday.

Sazanka Tokutei Mokuteki Kaisha, which is indirectly wholly-owned by MLT, has entered into a conditional trust beneficial interest sale and purchase agreement with Ajisai TMK, an associate of Mapletree Investments, to acquire the trust beneficial interest of the property.

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