Singapore-listed REIT Mapletree Logistics Trust (MLT) will not be redeeming the perpetual securities that will meet its first reset date this March 2023.
This decision to skip the redemption opportunity was arrived at after considering the prevailing economic conditions and interest rate environment, the REIT added.
MLT is a Singapore-heavy REIT but it has a portfolio of mostly warehouses and other logistics assets across several Asia-Pacific countries.
Dear members, please login to continue reading this article.
Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?