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MLT completes divestment of Flexhub in Malaysia  - THE EDGE SINGAPORE

REITs

MLT completes divestment of Flexhub in Malaysia

On Nov 10, 2023, the REIT announced that it had entered a sale and purchase agreement for the divestment of Flexhub.

Property

MLT to divest three Malaysian properties for RM157.5 mil

The proposed divestments are expected to be completed by FY2024 / FY2025.

Broker's Calls

Analysts remain positive on MLT despite China headwinds

Citi Research views this development as one that “cannot be ignored”.

REITs

Why Mapletree’s REITs outperformed in the last 10 years

Mapletree's REITs have outperformed the market in the last decade, supported by the sponsor
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