Soilbuild Reit expects stable FY2016 as it raises Q4 DPU

Singapore

DESPITE manufacturing slowdown putting pressure on the industrial property segment in 2015, Soilbuild Business Space Reit managed to secure renewals and new leases for the bulk of leases due for expiry that year.

This was due to proactive negotiation, Soilbuild said on Thursday as it announced its 2015 fourth-quarter and full-year financial results.