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More buzz in big-ticket industrial property deals

Credit Suisse selling Serangoon North facility for S$80.5 million; StarHub in put and call option to buy 13 Tai Seng Drive for S$30.9 million

Kalpana Rashiwala

Published Tue, Oct 31, 2017 · 09:50 PM

StarHub

Singapore

THE industrial property market has seen more buzz in terms of big-ticket sales lately.

Credit Suisse is selling its building at 1 Serangoon North Avenue 6 to US-based Iron Mountain, which specialises in storage and information management services, for S$80.5 million. The deal is expected to be completed in the first quarter of next year.