REIT AsiaPac

Sign up for our newsletter

ESR-Logos REIT Completes Divestments In Singapore For S$60 Million

Nov 5, 2023 – ESR- LOGOS REIT has completed the divestments of 70 Seletar Aerospace View for a sale consideration of approximately S$7.1 million, representing a 4.8% premium to valuation, and 2 Tuas South Avenue 2 for a sale consideration of S$53.0 million, representing a 35.2% premium to valuation, its manager said.

Following the completion of the divestments, ESR-LOGOS REIT’s diversified portfolio consists of 72 properties located across Singapore, Japan and Australia, as well as investments in three property funds in Australia.