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AA REIT achieves TOP for redevelopment of 8 Tuas Avenue 20

Property

AA REIT achieves TOP for redevelopment of 8 Tuas Avenue 20

Michelle Zhu Published on Wed, Aug 30, 2017 / 5:45 PM GMT+8

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SINGAPORE (Aug 30): AIMS AMP Capital Industrial REIT (AA REIT) has received the Temporary Occupation Permit (TOP) for the redevelopment of land parcel units 8 & 10 Tuas Avenue 20, according to the manager of the REIT.

With the redevelopment, the land parcels are amalgamated and are now known collectively as 8 Tuas Avenue 20, says the manager in a media release on Wednesday.

As a result, the property’s gross floor area (GFA) has been increased by 32.5% to 158,853 sq ft from 117,521 sq ft previously, and has been valued by CBRE at $24.1 million.

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AA REIT achieves TOP for redevelopment of 8 Tuas Avenue 20

Property

AA REIT achieves TOP for redevelopment of 8 Tuas Avenue 20

Primary tabs

Error message

AA REIT achieves TOP for redevelopment of 8 Tuas Avenue 20

Property

AA REIT achieves TOP for redevelopment of 8 Tuas Avenue 20

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