ESR-REIT agrees to sell 12 Ang Mo Kio Street 65 for S$33.3 million, 2.1% above valuation

Reuters2026/07/27 22:47

By:Reuters

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ESR-REIT agreed to sell 12 Ang Mo Kio Street 65 in Singapore for SGD 33.3 million, a 2.1% premium to valuation.
The asset was valued at SGD 32.6 million as of June 30, 2026.
Completion is expected in 3Q 2026.
Net proceeds will be used to repay debt, fund investments, support asset works, or for working capital.
The sale is not expected to materially affect net asset value or distribution per unit for the year ending Dec. 31, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ESR-REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: ZZ6A8IUQ1WYYBDVL) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ESR-REIT agrees to sell 12 Ang Mo Kio Street 65 for S$33.3 million, 2.1% above valuation

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