Cambridge Industrial Trust completes acquisition of Marsiling property

The purchase price was S$39 million, excluding acquisition costs.

Cambridge Industrial Trust Management Limited, as manager of Cambridge Industrial Trust, announced that the acquisition of the Marsiling Property has been completed.

Meanwhile the vendor, Beyonics International Pte Ltd, has also entered into a lease agreement with RBC Investor Services Trust Singapore Limited, in its capacity as trustee of CIT, acting on behalf of CIT, for a period of three years.

The purchase price has been part funded from a rights issue announced in March 2011.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

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