Singapore-listed logistics REIT Mapletree Logistics Trust (MLT) has announced the proposed divestment of its property at 31 Penjuru Lane in Singapore for SGD7.8 million.
The deal, made through HSBC Institutional Trust Services (Singapore) Limited as trustee of MLT, is with an unrelated third party.
It has received in-principle approval from JTC Corporation, subject to stipulated conditions, said the REIT on 12 March.
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