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New hi-tech industrial space at Ubi doing well with lower rentals

SEB Asset Management has leased out 63% of its new hi-tech development’s space within 2 months of its TOP.

The project at Ubi, comprises of 1 6-storey and 7-storey block, a total of 400,000 square feet

The asking rent of $3.80psf is lower than existing hi-tech buildings, which are asking $4 to $4.50psf.

Via Business Times

Posted on 20-01-2009 15:11 | By Yeo ZH

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