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Mapletree Logistics Trust divests Senai-UPS property for $9.2 mil

Property

Mapletree Logistics Trust divests Senai-UPS property for $9.2 mil

PC Lee Published on Wed, Dec 06, 2017 / 7:25 AM GMT+8

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SINGAPORE (Dec 6): The manager of Mapletree Logistics Trust (MLT), via a special purpose entity, has agreed to sell Senai-UPS in Malaysia to V.S Industry for MYR28 million ($9.2 million).

Located within the Senai Industrial Estate in Johor, the property is an air-conditioned single-storey warehouse with an annexed two-storey office building.

It has a gross floor area of 11,494 sqm on a land site of 18,165 sqm.

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