MLT to sell Shanghai property Mapletree Northwest Logistics Park for US$48.2 million

MLT to sell Shanghai property Mapletree Northwest Logistics Park for US$48.2 million

The proposed sale is expected to be completed by Q3 FY2027/2028 Read more at The Business Times.

MLT to divest Shanghai logistics park for $61.3m

Mapletree Logistics Trust has agreed to divest Mapletree Northwest Logistics Park (Phase 1 and 2) in Shanghai, China, for $61.3m.

Mapletree Logistics Trust to sell Shanghai property for RMB323 mil

Singapore-listed Mapletree Logistics Trust (MLT) has inked a sale and purchase agreement with an unrelated third party to sell a logistics park in Shanghai, China, for RMB323 million ($61.3 million) — in line with its latest valuation.  Acquired by the Reit in 2008, the Mapletree Northwest Logistics Park spans a combined gross floor area of about 37,558 sq m (404,271 sq ft) and comprises two adjacent phases.  The first phase consists of two sing…