An artist's impression of Mapletree Logistics Park Phase 2 in Vietnam. (Photo: Mapletree Investments Pte Ltd)

Singapore-listed logistics REIT, Mapletree Logistics Trust (MLT), has completed the acquisition of a warehouse in Vietnam-Singapore Industrial Park I.

The property, which is located in Binh Duong province, Vietnam, has been acquired by the REIT for a purchase consideration of VND725.1 billion (USD32 million).

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.