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BRIEF-Mapletree Logistics Trust To Acquire Logistics Property In South Korea For KRW35.8 Billion

Reuters SG

Jan 22 (Reuters) - Mapletree Logistics Trust:

* MAPLETREE LOGISTICS TRUST - TO ACQUIRE LOGISTICS PROPERTY IN SOUTH KOREA FOR KRW35.8 BILLION

* MAPLETREE LOGISTICS TRUST - ACQUISITION EXPECTED TO BE ACCRETIVE AT DISTRIBUTION LEVEL

* MAPLETREE LOGISTICS TRUST - ACQUISITION WILL BE FUNDED BY DEBT

* MAPLETREE LOGISTICS TRUST- TOTAL TRANSACTION COST FOR ACQUISITION IS ESTIMATED TO BE ABOUT KRW2.5 BILLION

* MAPLETREE LOGISTICS TRUST - TO ACQUIRE LOGISTICS PROPERTY FROM DC DEOKPYUNG LLC Source text for Eikon: Further company coverage: