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ESR-REIT secures over 63% committed occupancy for 19 Tai Seng Avenue property ahead of AEI completion

Vivian Yee
Vivian Yee • 2 min read
ESR-REIT secures over 63% committed occupancy for 19 Tai Seng Avenue property ahead of AEI completion
Its property at 19 Tai Seng Avenue has secured over 63% committed occupancy.
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The manager of ESR-REIT has announced on May 27 that its property at 19 Tai Seng Avenue has secured over 63% committed occupancy ahead of completion of asset enhancement initiatives (AEI) works in 3Q2021.

Four new tenants have been secured for the multi-storey industrial property, including anchor tenant XP Power, who will occupy about 25,600 sqft out of the 101,465 sqft that the space offers.

Over 64,800 sqft of the total space has been committed thus far, with another 26% under advanced lease negotiations.

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