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Vibrant enters into sale and leaseback for Jurong Island property

This is the island's first sale-and-leaseback transaction and its first securitised asset: CBRE

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The property at 121 Banyan Drive comprises two plots of land with a six-storey ramp-up warehouse facility with ancillary offices, two blocks of single-storey warehouse facilities and an open yard.

Singapore

VIBRANT Group's 51 per cent owned subsidiary, LTH Logistics (Singapore), has entered a conditional put-and-call option agreement with SGRE Banyan for the proposed sale and leaseback of a Jurong Island property and related mechanical and electrical equipment, with a sale...

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