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BlackRock buying Admiralty industrial property for S$106m

The price works out to nearly S$226 psf based on the net lettable area of 469,145 sq ft

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Admirax, a seven-storey property with a gross floor area of 581,832 sq ft, has 360 parking spaces for cars and 18 for lorries.

Singapore

BLACKROCK, which exited the Asia Square development in the Marina Bay area last year, is understood to be buying a high-specification light industrial building on Admiralty Street for S$106 million.

Admirax, a seven-storey property in the Woodlands area that received...

sentifi.com

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