Following the completion of the AEI, the newly-completed building has secured an occupancy of 50% from two companies. The first is a technology driven provider of global multimodal specialised logistics solutions serving the electronics industry while the second is a listed wellness and healthcare company, which carries out research and development activities, and manufactures its own range of premium beauty, health and wellness products.
ESR-LOGOS REIT’s (E-LOG) property at 7002 Ang Mo Kio Avenue 5 has obtained its temporary occupation permit (TOP) after the completion of its asset enhancement initiative (AEI).
The AEI involved the development of a new multi-tenanted high-specifications building into one that was suitable for advanced manufacturing, info-comm and data centre tenants. The building has a gross floor area (GFA) of around 25,000 sqm (269,097.76 sq ft).
