Mapletree Log Trust

Mapletree Log Trust: Co is likely to further invest in Korea after signing a MOU with South Korea’s national investment promotion agency Invest KOREA. The agency will provide all necessary support for Mapletree Logistics to execute its investment strategy in South Korea. Co has to date 4 logistics properties in South Korea with NLA more than 1.5m sqft. As at 30 June 2011, it has a portfolio of 99 logistics assets in Singapore, Hong Kong, Japan, China, Malaysia, South Korea and Vietnam with a total book value of approx $3.6b. The REIT currently trades at 7.2% indicative yield vs Cache at 8.6%