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M44U - Mapletree Logistics Trust News Story

S$1.9 -0.0  -1.6%

Last Trade - 14/05/21

Sector
Financials
Size
Large Cap
Market Cap £4.34bn
Enterprise Value £6.51bn
Revenue £299.6m
Position in Universe 338th / 6102

BRIEF-Mapletree Logistics Trust Proposes Acquisition Of Two Logistics Properties In India

Wed 17th March, 2021 3:14pm
March 17 (Reuters) - Mapletree Logistics Trust  MAPL.SI :
    * MAPLETREE LOGISTICS TRUST PROPOSES ACQUISITION OF TWO
LOGISTICS
PROPERTIES IN PUNE, MAHARASHTRA, INDIA
    * MAPLETREE LOGISTICS TRUST ANNOUNCES ACQUISITION OF TWO
MODERN
LOGISTICS PROPERTIES IN INDIA FOR INR4,550 MILLION
    * MAPLETREE LOGISTICS TRUST - BUYS PROPERTIES ACQUIRED FROM
UNIT
OF AFFILIATE OF MORGAN STANLEY REAL ESTATE INVESTING AND
WATERLOO MOTORS
    * MAPLETREE LOGISTICS TRUST - ACQUISITION EXPECTED TO
GENERATE NET
PROPERTY INCOME YIELD OF 7.4% & ALSO EXPECTED TO BE ACCRETIVE AT
DISTRIBUTION LEVEL
    * MAPLETREE LOGISTICS TRUST - ACQUISITION WILL BE FUNDED BY
DEBT

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS1Kgc1Y
Further company coverage:  MAPL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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