warehouse

SINGAPORE (July 11): The trustee-manager of Ascendas India Trust (a-iTrust) has entered into a construction funding and forward purchase agreement with a subsidiary of Arshiya, to develop an additional warehouse at the Arshiya Free Trade Warehousing Zone

SINGAPORE (Apr 30): DBS Vickers Securities is maintaining its “buy” call on Mapletree Industrial Trust (MIT) with a target price of $2.22, which has yet to price in the REIT’s potential acquisition of a warehouse at 7 Tai Seng Drive for $68 million

SINGAPORE (Sept 4): The manager of AIMS AMP Capital Industrial REIT says it has secured its first tenant, whose business is in the aerospace industry, for its newly-completed redevelopment located at 8 Tuas Avenue 20.

SINGAPORE (May 31): The manager and trustee of Ascendas REIT (A-REIT) have entered into a sale and purchase agreement with Sengkang Import & Export for the sale of 10 Woodlands Link for $19.28 million.

SINGAPORE (Dec 19): Cache Logistics Trust is divesting Cache Changi Districentre 3 to Agility International Logistics for $25.5 million.

SINGAPORE (Oct 27): Viva Industrial Trust (VIT) has entered into an agreement with Sharikat National to acquire 6 Chin Bee Avenue, a newly completed five-storey ramp-up logistics warehouse.

SINGAPORE (Oct 18): Global Logistic Properties (GLP) announced that it has signed 2.3 million sf of new leases in China, US and Japan to e-commerce related companies.

SINGAPORE (Aug 26): Entrepreneurship was always “the end game” for 33-year-old Alwin Liang, founder and CEO of Roadbull, one of Singapore’s newest courier delivery companies.