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PR Newswire
08-06-2016, 08:38 PM
Starhill Global REIT secures 5.5% rent increase for the Master Lease with Toshin in Ngee Ann City property
Highlights :
1. The new base rent is 5.5% higher than the existing rate, is effective for three years, and will commence on 8 June 2016.
2. Toshin master lease accounts for approximately 19.7% of SGREIT’s gross rent.
3. Toshin is the largest tenant of SGREIT.
Highlights :
1. The new base rent is 5.5% higher than the existing rate, is effective for three years, and will commence on 8 June 2016.
2. Toshin master lease accounts for approximately 19.7% of SGREIT’s gross rent.
3. Toshin is the largest tenant of SGREIT.
Specuvestor: Asset - Business - Structure.