Kingston Wharves says its subsidiary KW Logistics has acquired the remaining 50% of shares in SSL Real Estate Investment Trust, at a cost of US$473,000.
Kingston Wharves says SSL REIT is the registered owner of a warehousing facility at Newport West.
It is situated near the Kingston Wharves terminal.
Kingston Wharves is looking to change the name of the facility to KW Warehousing Services.
The process to change the name has begun.