Back 15 Jul 2025

Mapletree Logistics Trust Completes Sale of 31 Penjuru Lane, Portfolio Now at 177 Properties Worth S$13.3 Billion

Link: https://links.sgx.com/1.0.0/corporate-announcements/EBCZS3Q3X60W1SR0/5f0f47e8c944369ab3b33c51c21ad345f1363638515b5e4f16e3729d4a840185

Summary:

  • Mapletree Logistics Trust (MLT) announced the completion of the divestment of its Singapore property at 31 Penjuru Lane on 15 July 2025.

  • Following this transaction, MLT’s portfolio stands at 177 properties with total assets under management of S$13.3 billion, based on figures as at 31 March 2025 and including other recent divestments.

  • This move is part of MLT’s ongoing portfolio rebalancing to strengthen asset quality and returns for unitholders.

  • The announcement reiterated that investments in MLT remain subject to market risks, and past performance is not necessarily indicative of future results.