Sabana REIT has announced a notable milestone with the successful leasing of its newly enhanced property at 1 Tuas Avenue 4.

This undisclosed tenant has been described by the REIT as a leading manufacturer of interior products.

It will occupy approximately 64% of the asset’s total lettable area, taking up the annex block comprising a three-storey warehouse, production and ancillary office.

1 Tuas Avenue 4 has since been re-branded by Sabana REIT as Sabana@1TA4 since its redevelopment and it obtained its Temporary Occupation Permit on 9 July 2024.

Related: Sabana REIT turns to multi-tenanted approach in wake of lease delinquencies

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.