ABOUT THE REIT
About Soilbuild Business Space Reit ("Soilbuild REIT")
Soilbuild Business Space REIT is a Singapore real estate investment trust established with the principal investment strategy of investing on a long-term basis, directly or indirectly, in a portfolio of income-producing real estate used primarily for business space purposes in Singapore as well as real estate-related assets. Soilbuild REIT was listed on the Singapore Exchange Securities Trading Limited ("SGX-ST") on 16 August 2013 ("Listing Date").
"Business space" refers to (i) all properties zoned as business park (which includes business space used primarily for high-technology, research and development, high value-added and knowledge-intensive activities, including any ancillary usage, so long as such usage is permitted under the relevant regulations) and (ii) industrial properties (including, but not limited to, ramp-up facilities, flatted factories and light industrial properties) which are used primarily for, among others, manufacturing, engineering, logistics, warehousing, electronics, marine, oil & gas, research and development and value-added knowledge-based activities.
Soilbuild REIT's portfolio comprises 12 business space properties - two business park properties and ten industrial properties. They are strategically located across established industrial clusters in Singapore with a total net lettable area ("NLA") of approximately 3.90 million square feet ("sq ft") and a valuation of S$1.24 billion as at 31 December 2016.
Soilbuild REIT is managed by an external manager, SB REIT Management Pte. Ltd. (the "Manager"), SB REIT Management Pte. Ltd., which is a wholly-owned subsidiary of Soilbuild Group Holdings Ltd. ("Soilbuild Group"), a leading integrated property group based in Singapore.
Soilbuild Business Space REIT aims to be a successful business space real estate investment trust with a quality portfolio of assets to deliver stability and growth.
To deliver stable and growing returns to Unitholders by actively managing our assets and expanding our portfolio.