Mapletree Logistics Trust acquires

Mapletree Logistics Trust acquires third property in Vietnam
MAPLETREE Logistics Trust (MLT) has acquired Mapletree Logistics Park Phase 2 (MLPP2) in the Vietnam-Singapore Industrial Park II located in Binh Duong Province, Vietnam, for 339.2 billion dong (S$20.6 million).
In an announcement on Friday, MLT Management said that this is MLT's third property in Vietnam. The acquisition is in line with MLT's investment strategy to strengthen its portfolio and enhance returns through the acquisition of "quality and strategically located assets".
According to MLT, Binh Duong province is one of Vietnam's top investment destinations. MLPP2 is also 100 per cent leased - to mostly international companies including Kubota Corporation, DKSH, Detmold Packaging, Crown Worldwide, Swisstec Sourcing and Makita Corporation. The acquisition is expected to generate an initial net property income yield of 9.9 per cent, MLT added.
MLT said that the acquisition will be funded by proceeds raised from the S$250 million perpetual securities issued in May.

Results (English) 1:

Project Logistics Trust acquires third property in VietnamPROJECT Logistics Trust (MLT) has acquired the Logistics Park Project Phase 2 (MLPP2) in the Vietnam-Singapore Industrial Park II is located in Binh Duong Province, Vietnam, for 339.2 billion dong (S $ 20.6 million).In an announcement on Friday, MLT Management said that this is MLT's third property in Vietnam. The acquisition is in line with MLT's investment strategy to strengthen its portfolio and enhance returns through the acquisition of "quality and strategically located assets".According to MLT, Binh Duong province is one of Vietnam's top investment destinations. MLPP2 is also 100 per cent leased-to mostly international companies including Kubota Corporation, DKSH, Detmold Packaging, Crown Worldwide, Sourcing and Swisstec Makita Corporation. The acquisition is expected to generate an initial net property income yield of 9.9 per cent, MLT added.MLT said that the acquisition will be funded by proceeds raised from the S $ 250 million perpetual securities issued in May.

Results (English) 2:

Mapletree Logistics Trust acquires third property in Vietnam
Mapletree Logistics Trust (MLT) has acquired Mapletree Logistics Park Phase 2 (MLPP2) in the Vietnam-Singapore Industrial Park II, located in Binh Duong Province, Vietnam, for was 339.2 Billion dong (S $ 20.6 million).
in an announcement on Friday, MLT có Management said this is MLT's third property in Vietnam. The acquisition is in line with MLT's Investment strategy to Strengthen and Enhance the ITS portfolio returns through the acquisition of "quality and strategically located assets."
Theo MLT, Binh Duong province is one of Vietnam's top Investment Destinations. 100 per cent cũng MLPP2 is leased - to mostly international companies gồm Kubota Corporation, DKSH, Detmold Packaging, Crown Worldwide, Swisstec Sourcing and Makita Corporation. The acquisition is expected to generate an initial net property yield of 9.9 per cent income, MLT added.
MLT said sẽ là acquisition Funded by proceeds raised from the S $ 250 million perpetual securities Issued in May.