Mapletree harvests strong demand for Reit

Heavy oversubscription for new Singapore Reit IPO.
July 24, 2005

Mapletree Logistics Trust (MLT) has become the sixth Reit to list in Singapore following the completion of a 310.87 million unit IPO on Friday (July 22). The Temasek-owned group raised S$211.39 million ($127.4 million) via DBS and UBS.

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