The manager of Cambridge Industrial Trust today announced the proposed acquisition of 12 Ang Mo Kio Street 65 for a purchase consideration of $39.8 million.
Situated at the central-northern part of Singapore, the property is easily accessible via the Central Expressway and Seletar Expressway and within 1km from the Yio Chu Kang MRT. This 6-storey purpose-built light industrial building has a GFA of approximately 16,762 square metres. The property is currently 85% leased.
The acquisition will be funded by existing cash and debt facilities.
No comments:
Post a Comment