Mapletree Logistics Trust (SGX:M44U) has extended the leases and licences for 201 Keppel Road in Singapore to Prima by nine months to Jan. 31, 2028.
The extension is subject to relevant authorities' approval, where applicable, according to a Monday filing with the Singapore bourse.
Mapletree Investments has also agreed to defer its right under the Mapletree (Prima) Call Option Agreement by nine months.
The trust said it is exploring options for the property's future redevelopment.
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