Flexhub is located in Senai, Johor, with a total net lettable area of 63,175 square metres. The property comprises a single-storey industrial building with annexed office space.
The manager of Mapletree Logistics Trust (SGX:M44U
) (MLT) has announced the completion of the divestment of Flexhub in Malaysia, according to a Sept 23 release.
On Nov 10, 2023, the REIT announced that it had entered a sale and purchase agreement for the divestment of Flexhub and Padi in Malaysia at a total sale price of RM151.2 million ($43.8 million).
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