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Soilbuild Reit sells Tuas property for S$55m

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Published Fri, Dec 29, 2017 · 09:50 PM

Singapore

THE trustee of Soilbuild Business Space Reit has signed a put and call option agreement to divest to SB (Pioneer) Investment its Tuas property, commonly known as KTL Offshore after its tenant, for S$55 million.

The buyer is a wholly owned subsidiary of Soilbuild Group Holdings, which is the sponsor of Soilbuild Reit.

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