Daiwa House Logistics Trust (SG:DHLU) has released an update.
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Daiwa House Logistics Trust has successfully completed the acquisition of a logistics property in Vietnam, with an estimated total purchase consideration of approximately S$25.8 million, primarily financed through external debt. Following the acquisition, Daiwa House Vietnam Co., Ltd. has been reappointed as the property manager for the newly acquired property, under a new term lasting until July 4, 2026. This move is part of the Trust’s strategic expansion in the logistics sector within the region.
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