Mapletree Logistics Trust to divest two Wuxi logistics parks to sponsor-led renminbi fund for RMB 724 million

Reuters2026/07/22 11:44

By:Reuters

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Mapletree Logistics Trust signed conditional SPAs to divest two Wuxi, China logistics parks via sales of the owning PRC entities to a new RMB fund.
Agreed property values: RMB 180 million for MWLP1, RMB 544 million for MWLP2; cash consideration based on adjusted NAV.
Independent valuations were below agreed values, with MWLP1 at RMB 168-169 million, MWLP2 at RMB 536-541 million.
Proceeds expected within six months of signing, pending equity transfer, capital repatriation, FDI de-registration.
Transaction not expected to materially affect FY26/27 NAV or net property income; portfolio to fall to 173 properties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mapletree Logistics Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 4KO8XY5D6Z0XEUIP) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mapletree Logistics Trust to divest two Wuxi logistics parks to sponsor-led renminbi fund for RMB 724 million

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