Brief: Suntec Real Estate Investment updates on proposed acquisition of strata floors in Suntec Tower Two

Suntec Real Estate Investment Trust

04/11/2015 09:24

Nov 4 (Reuters) - Suntec Real Estate Investment Trust  SUNT.SI : 
 * Proposed acquisition and leaseback of strata floors in Suntec Tower Two 
 * Total acquisition outlay is estimated to be approximately S$105.7 million 
 * Entered into a sale and purchase agreement with Maybank Kim Eng Properties Pte. Ltd. 
 * Says acquisition is expected to generate a net property income yield of approximately 3.9% 
 * Source text for Eikon  ID:nSNZbgBKL6  
 
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