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BRIEF-Mapletree Logistics Trust Management proposes divestment of two properties in Japan
June 30, 2017 / 11:32 AM / 3 months ago

BRIEF-Mapletree Logistics Trust Management proposes divestment of two properties in Japan

June 30 (Reuters) - Mapletree Logistics Trust Management Ltd :

* Proposes divestment of two properties in Japan

* ‍hsbc Institutional Trust Services in its capacity as trustee entered into sale and purchase agreement with Godo Kaisha Asset Toshi Jigyo​

* Deal for proposed divestment of Zama Centre and Shiroishi Centre in Japan for a total sale consideration of jpy13,500 million

* Estimated net proceeds from divestment is approximately jpy12,543 million Source text for Eikon: Further company coverage:

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