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Soilbuild Reit sells Tuas property for S$55m
Published Fri, Dec 29, 2017 · 09:50 PM
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Singapore
THE trustee of Soilbuild Business Space Reit has signed a put and call option agreement to divest to SB (Pioneer) Investment its Tuas property, commonly known as KTL Offshore after its tenant, for S$55 million.
The buyer is a wholly owned subsidiary of Soilbuild Group Holdings, which is the sponsor of Soilbuild Reit.
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