Mapletree Logistics Trust to acquire five South Korea logistics properties
Mapletree Logistics Trust to acquire five South Korea logistics properties Staff Reporter The proposed acquisition is priced at $334.8m. Mapletree Logistics Trust (MLT) is set to acquire five logistics assets in South Korea for $334.8m (KRW 280b) as it aims to strengthen its portfolio and competitive positioning in the country through the addition of modern, high-quality assets, the company announced. The facilities to be acquired are Dongsan Logistics Centre, AbleLogis Logistics Centre, CoreLogis Logistics Centre, Bukuk Logistics Centre, and Gwan-ri Logistics Centre. They are...