Mapletree Logistics Trust buys warehouse in Australia for $20.22m

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No This is the company’s second logistics facility in Brisbane. Mapletree Logistics Trust (MLT) has entered into a conditional agreement for the acquisition of a freehold warehouse at 115 Rudd St in Inala, Brisbane, Australia for $20.22m (A$21.25m), according to an announcement. The property marks as MLT’s second logistics facility in Brisbane. It is said to expand MLT’s footprint in Australia to a total of eleven assets with a combined floor area of 277,115 sqm. read more