Hong Kong-exposed logistics REIT, Mapletree Logistics Trust (MLT), has moved to address investors’ concerns over fresh unrest in the territory.
In late-June 2020, Chinese President Xi Jinping ratified the Hong Kong national security law, which has since taken effect immediately.
The law, which is seen as an attempt to further subdue dissent, has triggered a series of fresh citizen protests, and diplomatic exchanges between Beijing and Washington.
MLT currently has a portfolio of 9 logistics properties in Hong Kong, and the REIT derives more than 22% of its gross revenue from the territory.
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