See also: MLT remains keen on proposed acquisition of Mapletree Logistics Hub – Tanjung Pelepas
The acquisition will be funded by debt, and MLT’s aggregate leverage ratio will be around 38.2%. The acquisition should be accretive to MLT’s distribution. The stabilised net property income yield is likely to be 6.2%. With its modest size, no change is likely in MLT’s top 10 tenants, of which the top five are CWT, Coles Group, Equinix, JD.com and Cainiao.
