Mapletree Logistics Trust (SGX:M44U) agreed to dispose of its 31 Penjuru Lane property in Singapore for SG$7.8 million, according to a filing with the Singapore Exchange on Wednesday.
JTC Corporation has been granted in-principle approval for the transaction.
The divestment is part of the manager's efforts to rejuvenate the portfolio through divestment of assets that are no longer part of the group's long-term strategy.
The property comprises a three-story warehouse and an ancillary office. The property's remaining land lease is of around seven years.
Following the divestment, the trust's portfolio will consist of 176 properties.
Shares of the trust were up nearly 2% in recent trading.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。