The new master lease agreement may be further renewed at the option of either party for a further 6 years, and thereafter at the option of Toshin for a further 3 years.
The manager of Starhill Global REIT (SGX:P40U
) has announced the renewal of its current master lease with Toshin Development Singapore due to expire in June 2025.
The renewed master lease is for an initial term of 12 years commencing from June 8, 2025 and will expire on June 7, 2037.
