ABOUT THE REIT
About Soilbuild Business Space Reit ("Soilbuild REIT")
Soilbuild 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 and Australia, as well as real estate-related assets. Soilbuild REIT was listed on the Main Board of the SGX-ST on 16 August 2013.
"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 14 business space properties – four business park properties and ten industrial properties. They are strategically located across Singapore and Australia with a total GFA of approximately 4.60 million sq ft and a carrying value of S$1.38 billion(1) as at 31 December 2019.
Soilbuild REIT is managed by an external manager, SB REIT Management Pte. Ltd., which is a wholly-owned subsidiary of Soilbuild Group Holdings Ltd., a leading integrated property group based in Singapore.Notes:
- Comprising investment properties and a property held for sale at valuation and right-of-use assets.
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.