pstrongIt is no longer a substantial unitholder of the REIT./strong/p pBlackRock Inc. divested over 4.03 million Mapletree Logistics Trust (MLT) shares for $5.37m./p pFollowing this sale, BlackRock's deemed interest in MLT dropped from 5.03% to 4.95% (247.56 million)./p pIt also ceased to be a substantial unitholder of the REIT.
It is no longer a substantial unitholder of the REIT.Following this sale, BlackRock's deemed interest in MLT dropped from 5.03% to 4.95% ....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Leslie Tay, General Manager of Rezeca Renewables Pte Ltd, outlines the company's shift from manual processes to digital solutions, citing improved operational efficiency and increased scalability as key outcomes.Leslie Tay, General Manager of Rezeca Renewables Pte Ltd, outlines the company's shift from manual processes to digital solutions, citing improved operational efficiency and increased scalability as key outcomes.
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Seatrium shares tumble following news of removal from MSCI indexMSCI also removed CDL, Jardine C&C, Mapletree Logistics Trust and more.
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Mapletree Logistics Trust divests Tuas property for $10.5mpstrongIt sold the 25-year-old property above valuation./strong/p pMapletree Logistics Trust (MLT) will divest 30 Tuas South Avenue 8 for $10.5m, 10.5% above its latest valuation of $9.5m./p pMLT expects to complete the divestment by 1Q24/25.
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Mapletree Industrial Trust Management promotes CFO Ler Lily to CEOpstrongWan Kwong Weng will replace Lily as CFO./strong/p pMapletree Industrial Trust Management (MITM) has promoted Ler Lily, their Chief Financial Officer, to CEO and executive director. MITM is Mapletree Industrial Trust’s (MIT) manager.
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Daiwa House Logistics Trust NPI up 4.6% YoY in 1Q24pstrongIts gross rental income also rose 1.9%./strong/p pSGX-listed Daiwa House Logistics Trust (DHLT) registered a net property income of JPY1.2b ($8.74m) in 1Q24, reflecting a 4.6% YoY increase./p pThe company attributed its improved performance to higher portfolio occupancy./p pGross rental income rose 1.9% YoY to JPY1.
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MPACT divests Mapletree Anson for $775mpstrongThe divestment consideration exceeds the original purchase price of $680m./strong/p pMapletree Pan Asia Commercial Trust (MPACT) is divesting Mapletree Anson for $775m./p pThe divestment consideration exceeds the property’s original purchase price of $680m by $95m and its latest valuation of $765m by $10 million.
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Non-operational losses push Mapletree to $577.2m net loss in FY23/24pstrongIt saw valuation declines in its US, Europe, and Australia office portfolios./strong/p pMapletree Investments posted a net loss of $577.2m in FY23/24/p pElevated interest rates and the prolonged work-from-home trend have impacted Mapletree Investments’ financial standing, resulting in a net loss of $577.2 million in FY23/24.
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