Viva trust to buy Jurong West logistics property for S$87m
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Singapore
VIVA Industrial Trust on Wednesday said that it has entered into an option agreement with turnkey business Sharikat National to buy a logistics property at 6 Chin Bee Avenue in Jurong West for S$87.3 million.
This will come together with the mechanical and electrical equipment and the lease of the property to Sharikat Logistics. The option may be exercised only after the required approvals from JTC have been obtained.
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