The property is a 36-year old industrial building, which comprises a seven-storey warehouse with an office and showroom. The property has a net lettable area of approximately 6,050 sqm on a land site of around 3,372 sqm.
Following this divestment, MLT’s portfolio stands at 179 properties and the total value of assets under management is $13.3 billion, as at end March 2025.
Units in MLT closed 4 cents higher or 3.704% up at $1.12 on May 13.
