Mapletree Logistics Trust sells bonded warehouse in Shanghai to GDS

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Mapletree Logistics Trust sells bonded warehouse in Shanghai to GDS.

The Reit manager said it plans to distribute any divestment gain from the transaction to unitholders, after taking into account all relevant taxes as well as transaction-related cost expenses.Mapletree Waigaoqiao Logistics Park is a bonded logistics facility situated within the Waigaoqiao Free Trade Zone in Pudong New District, Shanghai.

The Reit manager said:"As the property is already developed to its maximum plot ratio, there is limited scope to increase the gross floor area of the property.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese prison in Tesco scandal offers ‘re-education’, and served pizza at Christmas, its boss saysHONG KONG — The head of a Shanghai prison has denied reports in a British media outlet that it used foreign inmates for forced labour, claiming prisoners were voluntarily undergoing “re-education”.
Source: TODAYonline - 🏆 1. / 99 Read more »

China lifts yuan midpoint to strongest in four-and-a-half monthsSHANGHAI: China's central bank lifted its official yuan midpoint to the highest in more than four-and-a-half months on Thursday (Dec 26), ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Bruce Lee's daughter sues fast food chain for using father's imageSHANGHAI: A company run by Bruce Lee's daughter is suing a Chinese fast food chain for allegedly using an image of the late martial arts film star ... And the Chinese court rules Bruce Lee’s family infringes the copyright of Zhen Gongfu.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Accordia Golf Trust: Conflict of interest 'reasonably resolved' in golf course dealRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Brash Uber co-founder Kalanick leaves board to focus on industrial kitchensTravis Kalanick, the pugnacious co-founder of Uber, has severed his last ties with the ride-services company, resigning from the board and selling ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Brash Uber co-founder Kalanick leaves board to focus on industrial kitchensTravis Kalanick, the pugnacious co-founder of Uber, has severed his last ties with the ride-services company, resigning from the board and selling ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »