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Mapletree Logistics Expands with Vietnam Acquisitions

Mapletree Logistics Expands with Vietnam Acquisitions

Mapletree Logistics (SG:M44U) has released an update.

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Mapletree Logistics Trust has expanded its portfolio by acquiring two logistics assets in Vietnam, issuing new units as acquisition fees. A total of 253,899 units were distributed, reflecting a 0.5% acquisition fee based on the assets’ prices. This strategic expansion underscores Mapletree’s commitment to growth in the logistics sector.

For further insights into SG:M44U stock, check out TipRanks’ Stock Analysis page.

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