Lian Beng subsidiary acquires Food Empire Building for $49.25m

Cushman & Wakefield brokered the private treaty sale.

Food Empire Building at 31 Harrison Road was sold to a wholly-owned subsidiary of Lian Beng Group for $49.25m.

The private treaty sale of the property was brokered by Cushman & Wakefield.

"Freehold industrial assets continue to be highly sought after, given their very limited supply. We are pleased to have brokered this sale and expect more exciting developments in the industrial sector in H2 2022," Shaun Poh, executive director of Capital Markets at Cushman & Wakefield, said.

Food Empire building is an 11-storey freehold multi-user light industrial building which is fully tenanted. It has a gross floor area of 4,809.24 square meters.

Follow the link s for more news on

Cushman & Wakefield

Acquisitions

property for sale

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia