July - September 2023

MLT divests Chee Wah and Subang 1 in Malaysia, 8 Loyang Crescent in Singapore and Moriya Centre in Japan as part of its strategy of active portfolio rejuvenation.

October – December 2023

MLT completes the divestment of Century in Malaysia and announces the proposed divestment of 10 Tuas Avenue 13 in Singapore as well as Flexhub and Padi in Malaysia. The capital released from the divestments provides MLT with greater financial flexibility to pursue investment opportunities in modern assets.

In line with its portfolio rejuvenation strategy, MLT announces the proposed acquisition of a modern Grade A warehouse in Delhi NCR, India, positioning the Trust to capture opportunities in the fast-growing logistics market underpinned by robust domestic consumption and a rising middle class.

January - March 2024 

MLT accelerates its portfolio rejuvenation with the proposed acquisitions of three modern logistics properties in Malaysia and Vietnam, valued at S$226.3 million, deepening its presence in these dynamic markets driven by consumption growth and supply chain diversification.

Additionally, MLT announces the completion of the divestment of 73 Tuas South Avenue 1 in Singapore, further aligning with its strategy to optimize the portfolio and reinvest in higher-quality assets.