SINGAPORE (Dec 15): Mapletree Logistics Trust is set to expand further in Australia, with the proposed acquisition of a portfolio of four logistics properties in Victoria for a total of A$142.2 million ($151.9 million).

Mapletree Logistics Trust Management, the Manager of MLT, announced on Thursday that the four properties will be acquired from Growthpoint Properties Australia.

They have a total gross floor area of 103,517 sq m on a combined land area of 362,230 sq m, and are currently 100% leased to leading Australian and multinational corporations.

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