Logistics firm Logos buys Tuas property

Singapore

LOGISTICS real estate company Logos on Thursday announced that it has acquired an industrial property in Tuas, which it intends to redevelop into a modern food processing and logistics facility for an estimated development cost of S$79 million.

The food processing and logistics facility will have five floors, with ancillary office space, offering a total net lettable area of about 27,000 square metres.