Industrial land being released by JTC won't affect us: Aims AMP trust
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THE large supply of industrial land and space that JTC Corporation is in the midst of releasing to boost supply and ease rents won't affect real estate investment trusts such as Aims AMP Capital Industrial Reit.
This is because there is still a role for the private players, Koh Wee Lih, CEO of Aims AMP Capital Industrial Reit Management, told BT yesterday.
He pointed out that JTC has recently been experimenting with new innovative next-generation factories, adding that the statutory board "is not trying to come back to consolidate the whole industry scene again, but to push through a few projects to see if it works".
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