SOILBUILD Business Space Reit on Wednesday declared a distribution per unit of 1.198 Singapore cents for the first quarter ended March 31, down 9.5 per cent from 1.324 cents a year ago as expense increases outpaced revenue growth.
In March, the Reit's manager announced that it has proposed to divest 72 Loyang Way to an unrelated third party for S$34.08 million. The transaction is subject to JTC's approval.
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AA Reit says CWT is not in rental arrearsAIMS Apac Reit (AA Reit) on Tuesday said that one of its top 10 tenants, CWT Pte Ltd, has not defaulted on its rental payments under the lease agreements in relation to 20 Gul Way and 30 Tuas West Road. Read more at The Business Times.
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