ESR-Reit secures railway firm as tenant at Tuas industrial property
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Fiona Lam
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Singapore
ESR-REIT has secured a new lease for about 168,846 square feet (sq ft) at its 8 Tuas South Lane property with Singapore railway firm P-Way Construction and Engineering, the industrial Reit's (real estate investment trust) manager said in a bourse filing on Thursday.
That accounts for about one-fifth of the 768,201 sq ft of lettable area at the property. ESR-Reit did not disclose the lease terms including the duration and rent amount.
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