$SINGAPORE POST LIMITED(S08.SI)$SingPost is “examining options” of its property holdings that consist mainly of the SingPost Centre, says CEO Vincent Phang at the company’s annual general meeting on July 21.Besides housing the postal operator’s headquarters and mail processing facility, there are also commercial spaces including office space as well as a retail mall, which has a gross floor area of 269,000 sq ft and a net lettable area of 178,000 sq ft.The redevelopment of the mall space, costing some $150 million, was completed in 2017.The mall space is managed by CapitaLand, which of course is known for its string of malls and REITs.“We recognise the potential of the Paya Lebar precinct with the government’s latest urban development plans,” sa
$MAPLETREE LOGISTICS TRUST(M44U.SI)$Mapletree Logistics Trust, or MLT, owns a portfolio of 183 properties across eight countries valued at S$13.1 billion as of 31 March 2022.Temasek held a 33.56% stake in the logistics REIT as of 31 May 2022.MLT reported a strong set of numbers for its fiscal 2022 (FY2022) ended 31 March 2022, with revenue jumping 20.9% year on year and net property income rising 18.6% year on year.