Portfolio of 29 cloud kitchen units at Lavender Street served up for sale
Lisa Kriwangko
DESIGN and construction firm Chiu Teng Group is understood to be selling its portfolio of 29 ground-floor cloud kitchen units at CT Hub 2 via expression of interest.
Also known as ghost or dark kitchens, cloud kitchens are centralised kitchens where food is prepared primarily to cater to food delivery. In some cases, a small area is set aside for dining-in.
According to sole broker Colliers, the portfolio for sale comprises units ranging from 26 to 42 square metres (sq m), making up a total strata area of 906 sq m.
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