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Starhill Global REIT to divest office strata lots in Wisma Atria property

Ashley Lo
Ashley Lo • 1 min read
Starhill Global REIT to divest office strata lots in Wisma Atria property
The disposal of the property, which comprises approximately 7,653 sqf of net lettable area, had a sale consideration of $16.1 million. Photo: Bloomberg
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The manager of Starhill Global REIT (SGX:P40U) says the REIT has completed the divestment of its office strata lots located in a Wisma Atria property to an unrelated third-party buyer, according to an Oct 28 release. 

The disposal of the property, which comprises approximately 7,653 sq ft of net lettable area, had a sale consideration of $16.1 million. 

According to the manager, the divestment is in line with its “strategy to rejuvenate its portfolio through selective divestments”. 

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