Singapore JTC selling small factories to focus on bigger projects

Singapore JTC selling small factories to focus on bigger projects  By Joyce Teo, Property Correspondent  SLOWING: Mrs Ow expects JTC’s performance to be slower this financial year.   INDUSTRIAL landlord JTC Corp aims to sell more of its small factories and other industrial space this financial year as it shifts its focus to bigger industrial developments. In late April, JTC sold $1.71 billion of properties to Mapletree Investments after ditching a plan to roll these assets into a real esta

More: continued here


Leave a Reply