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AA REIT's build-to-suit development at 51 Marsiling Road receives TOP

Property

AA REIT's build-to-suit development at 51 Marsiling Road receives TOP

PC Lee Published on Mon, Oct 30, 2017 / 6:49 PM GMT+8

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A+

SINGAPORE (Oct 30): The manager of AIMS AMP Capital Industrial REIT (AA REIT) says it has received the TOP for its greenfield BTS development at 51 Marsiling Road on Oct 27.

The building will be fully leased to a leading manufacturer, Beyonics International, for a term of 10 years with rent escalations.

The five-storey purpose-built industrial facility with cargo lift access will serve as Beyonics’ new global headquarters.