Vacant units at Viva Business Park, one of which is being used as a showcase unit for the REIT. (Photo: REITsWeek)

Overall footfall for Viva Business Park (VBP) has been stable over the past 12 months, despite the number of vacant units at 750 Chai Chee Road, ESR-REIT has assured.

In response to queries from REITsWeek, ESR-REIT, which now manages VBP following its merger with Viva Industrial Trust, described the loss of a notable tenant at the property as part of its normal course of business.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.