Home News REITs

Mapletree Logistics Trust raises $692.8 mil in equity funding for acquisitions in China, Vietnam and Japan

Atiqah Mokhtar
Atiqah Mokhtar11/24/2021 10:7 AM GMT+08  • 2 min read
Mapletree Logistics Trust raises $692.8 mil in equity funding for acquisitions in China, Vietnam and Japan
The equity fund raise, comprising a private placement and a preferential offering, raised $400 mil and $292.8 mil respectively.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The manager of Mapletree Logistics Trust (MLT) has announced that its equity fund raising launched on Nov 23 has closed with total gross proceeds of approximately $692.8 million, which will be used to partially fund its proposed acquisitions of 17 logistics assets in China, Vietnam and Japan.


See: Mapletree Logistics Trust to acquire 17 logistic assets in China, Vietnam and Japan for $1.4 bil

MLT had launched an equity fund raise comprising a private placement and a preferential offering to raise around $400 million and $300 million respectively.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.