Portfolio of 29 cloud kitchen units at Lavender Street served up for sale
Lisa Kriwangko
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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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