AIMS AMP property at 103 Defu Lane 10 now 100% leased

Just 2 months after completion.

AIMS AMP Industrial REIT currently owns 24 operational properties, all located in Singapore, and most of its tenant base comes from companies involved with the logistics and warehousing industry.

The REIT’s property at 103 Defu Lane 10 has finished redevelopment and received its Temporary Occupation Permit in May 2014.

A report by RHB says that the REIT successfully tripled the value of the property from $12 million to $43.1 million, and has also doubled its floor area to its maximum allowable plot ratio.
 

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