{
  "id": 6267807,
  "title": "Mapletree Logistics Trust to sell Australian logistics property for US$20.2 million",
  "url": "https://urgent.news/2026/09/08/mapletree-logistics-trust-to-sell-australian-logistics-property-for",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-08T10:47:32.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/mapletree-logistics-trust-sell-australian-logistics-property-us20-2-million"
  },
  "original_language": "en",
  "account": null,
  "summary": "Mapletree Logistics Trust (MLT) has agreed to sell a vacant logistics property in Derrimut, Victoria, for A$28 million (US$20.2 million), 3.7% above the asset's latest valuation of A$27 million. The property, located at 365 Fitzgerald Road, comprises two single-storey warehouses, ancillary office space, a two-storey office building, and a truck servicing workshop. The sale is expected to be completed by Q3 of FY 2026/2027 and will provide MLT with greater financial flexibility to invest in high-specification modern logistics facilities, improving the quality and resilience of its portfolio.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Mapletree Logistics Trust to sell Australian logistics property for US$20.2 million",
        "url": "https://urgent.news/2026/09/08/mapletree-logistics-trust-to-sell-australian-logistics-property-for-6282689",
        "published": "2026-09-08T10:47:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}