SINGAPORE (Sept 23): The manager of Mapletree Logistics Trust (MLT) has completed the divestment of Flexhub in Malaysia, according to a release on Monday.
On Nov 10, 2023, the real estate investment trust announced that it had entered a sale and purchase agreement for the divestment of Flexhub and Padi in Malaysia at a total sale price of RM151.2 million.
Flexhub is located in Senai, Johor, with a total net lettable area of 63,175 sq m. The property comprises a single-storey industrial building with annexed office space...(click here for the full story on theedgesingapore.com).