You are here

CIT sells Tuas property for S$16.5m, mulls more divestments

Other non-core assets of roughly the same size may be sold as CIT seeks to recycle capital and venture Down Under
Tuesday, April 12, 2016 - 05:50


INDUSTRIAL landlord Cambridge Industrial Trust (CIT) has agreed to sell its remaining leasehold interest in a warehouse property at 23 Tuas Avenue 10 for S$16.5 million and may be planning more divestments of assets around this size as it seeks to recycle capital and venture

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom