28 Apr '16, 1am

Soilbuild Business Space REIT: 10 things I learned from the FY2015 AGM: Soilbuild Business Space REIT (SGX: SV3U)…

Soilbuild Business Space REIT (SGX: SV3U) portfolio of properties include two business parks and nine industrial properties located around Singapore. The REIT has a total net lettable area of approximately 3.53 million square feet and a portfolio valuation of S$1.19 billion as at 31 December 2015. Singapore’s industrial production fell 0.5% in March from a year ago. While that might seem like a small drop, the figure was boosted by strong monthly figures from the volatile biomedical manufacturing cluster. Exclude that and Singapore’s industrial production actually fell 5.5% year-on-year. So with the local economy slowing down and demand for industrial spaces falling , I attended Soilbuild Business Space REIT’s AGM to find out how the REIT plans to navigate the tough times ahead. Here are 10 things I learned from Soilbuild Business Space REIT’s FY2015 AGM: 1. Steady growth ...

Full article: http://thefinance.sg/2016/04/28/soilbuild-business-space-...

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