Mapletree Logistics Trust :from Wooreddy Investments. The property is a one-storey logistics facility to be constructed in Truganina, Melbourne. It is sited on freehold land of 25,650 square metres and will have a net lettable area of 15,100 sq m when completed. The counter closed flat at S$1.58 on Tuesday.of 176.6 million new units at an issue price of S$2.265 per unit, the top end of the issue price range of S$2.211 to S$2.265.
The counter closed up 13 Singapore cents or 7.22 per cent to S$1.93 on Tuesday, on a volume of 21.56 million units. The funds were raised through a private placement of 135 million units at S$1.744 each, and a preferential offering of about 142 million units at S$1.71 each. The private placement, announced on Monday, drew strong demand from new and existing investors, leading to the book being about 9.3 times subscribed, the Reit manager said.
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