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Mapletree Logistics Trust : Expands Further in Australia

by December 15, 2016 General

For Immediate ReleaseMAPLETREE LOGISTICS TRUST EXPANDS FURTHER IN AUSTRALIAAcquisition of four quality, well-located logistics properties in Victoria for A$142.2 millionAttractive Weighted Average Lease Expiry (“WALE”) of 6.4 years and Net Property Income (“NPI”) Yield of 7.6%Addition of four quality tenants Woolworths, Scott’s Refrigerated Freightways, Fuji Xerox and Bridgestone