In Singapore, the REIT’s property at 19 Tai Seng Avenue has achieved 100% committed occupancy after the completion of its AEI.
The building was converted into a high-specs building from a general industrial building on Oct 27. According to the REIT manager, the revamped building is suitable for high-value-add tenants in the advanced manufacturing sectors. Following its AEI, a New Economy tenant from the information and communications technology (ICT) sector was secured, bringing the property to full occupancy.
Units in E-LOG closed 0.5 cent higher or 1.52% up at 33.5 cents on Oct 28.
