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Tuesday, September 28, 2010

MapletreeLog completes acquisition of 3 Properties in Japan - 21 SEP 2010

MapletreeLog completes acquisition of 3 Properties in Japan.
Key Points
  • Further to its press release dated 28 July 2010 to acquire 3 properties in Japan; namely, Iwatsuki Logistics Centre, Iruma Logistics Centre and Noda Logistic Centre, for a total purchase price of JPY13 billion approximately S$208 million , Mapletree Logistics Trust Management Ltd., as manager of Mapletree Logistics Trust is pleased to announce that these acquisitions were completed today. 
  • With these acquisitions, Mapletree Logistics Trust has 91 properties with 50 properties in Singapore, 13 in Japan, 8 in Hong Kong, 6 in China, 11 in Malaysia, 2 in South Korea and 1 in Vietnam. The total book values of these properties were approximately $3.32 billion.
     


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