AA REIT sells Senoko industrial asset for $15m

Sale at 11.1% premium to valuation.

AIMS APAC REIT has entered into a sale and purchase agreement to divest 8 Senoko South Road in Singapore to Sin Hwa Dee Foodstuff Industries for $15m.

The price represents an 11.1% premium to the property’s latest valuation of $13.5m as at 28 February, and the asset is a part three- and part six-storey single-user industrial development.

Subject to JTC Corporation’s approval, the divestment is expected to be completed within the first half of 2026.

He added that net proceeds may be redeployed towards growth initiatives, including potential new acquisitions, asset enhancement initiatives, and future development opportunities, as part of its capital recycling strategy, and that the trust’s portfolio will comprise 27 properties across Singapore and Australia after the divestment.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. 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