SINGAPORE (Nov 27): The manager of Soilbuild Business Space REIT (Soilbuild REIT) announced Monday that it is expanding its investment mandate to include Australia.

SB REIT Management says it is “actively exploring” investment opportunities in Australia for the REIT.

The manager says venturing beyond Singapore will help increase Soilbuild REIT’s pool of investment targets, provide access to assets with longer land tenures, and allow diversification of tenant base. It adds that these will strengthen Soilbuild REIT’s portfolio for long-term growth.

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