Mapletree industrial REIT to tap demand for high-tech spaces in SGD263 million move

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Singapore-listed industrial REIT, Mapletree Industrial Trust, is further reconstituting its portfolio with a SGD263 million redevelopment of its Kolam Ayer 2 cluster.

The cluster of properties will be redeveloped into a high-tech industrial precinct, said the REIT in its announcement on 10 July.

The precinct will include a build-to-suit (BTS) facility for a global medical device company headquartered in Germany.

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