Soilbuild REIT to acquire 72 Loyang Way for $97m

The total GFA is 203,459 sq ft.

Soilbuild REIT has entered into a conditional sale and purchase agreement with Technics Offshore Engineering (Technics), a subsidiary of SGX-listed Technics Oil & Gas, for the purchase of the property located at 72 Loyang Way. 

The property, which is an integrated facility comprising two blocks of 3-storey and 4-storey ancillary office, a 200-worker dormitory and a jetty, will be bought for a total consideration of $97m.  

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