MapletreeLog completes of Acquisition of 44 & 46 Changi South Street 1, Singapore

MapletreeLog completes of Acquisition of 44 & 46 Changi South Street 1, Singapore.

• Press Release

Key Points

• Further to its press release dated 2 December 2010 regarding the acquisition of the property at 44 & 46 Changi South Street 1, Singapore for a purchase price of S$16.8 million, Mapletree Logistics Trust Management Ltd., Mapletree Logistics has completed the acquisition on 20 Dec 2010.
• The acquisition was fully funded by proceeds raised in the recent equity fund raising exercise announced on 21 September 2010 (“EFR announcement”). 
• This was one of the Potential Acquisitions as identified in the EFR announcement.

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• Mapletreelog acquires singapore property for S$16.8 million - 2 DEC 2010