Investor Presentaiton
Divestment - Tanglin Halt Cluster
mapletree
industrial
Rebalancing the Portfolio Through Divestment of Non-core Asset
A five-storey Flatted Factory and a
Description two-storey Flatted Factory with an
amenity centre
Tanglin Halt Cluster (115A & 115B
Commonwealth Drive, Singapore)
254,443 sq ft
Address
GFA
Sale Price
S$50.6 million
Valuation
Expected
Completion
S$48.7 million¹ (as at 31 Dec 2023)
1H2024
сек
DPR
Use of Net
Proceeds
To fund committed investments,
reduce existing debt and/or make
distributions to unitholders.
Tanglin Halt Cluster
COL TRADE
ATARU
1
The independent valuation of the Tanglin Halt Cluster was commissioned by the Trustee and was conducted by Savills Valuation and Professional Services (S)
Pte Ltd on an as-is basis and subject to existing tenancies. The independent valuation of the Tanglin Halt Cluster was arrived using the Income Capitalisation
method and the Discounted Cash Flow analysis.
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