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Mapletree Logistics Trust agrees to sell Derrimut, Australia logistics property for AUD 28 million

PUBT·09/08/2026 09:51:31
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Mapletree Logistics Trust agrees to sell Derrimut, Australia logistics property for AUD 28 million
  • Mapletree Logistics Trust agreed to sell its vacant Derrimut, Victoria logistics property for AUD 28 million, targeting completion in 3Q FY26/27.
  • Price implies about S$ 25.2 million, reflecting a 3.7% premium to the AUD 27 million valuation as of March 31, 2026.
  • Asset was acquired in 2016 for AUD 18 million; it has been vacant since April 1, 2026 following lease expiry.
  • Transaction is expected to be immaterial to net asset value and net property income; portfolio count to fall to 170 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: JGFLU6JXEFU1MBKM) on September 08, 2026, and is solely responsible for the information contained therein.