Wednesday, 25 November 2015

Viva Industrial Trust complete acquisition of two industrial properties at 19 Tai Seng Ave and 11 Ubi Road 1

Viva Industrial Trust had successfully complete acquisition of two industrial properties at 19 Tai Seng Ave and 11 Ubi Road 1.

Both properties are leased back for a term of 10 years under master lease.

In addition, the phase one "Project Viva City" set to be ready by end of 2015. Really looking forward to it. Work for phase two of the project is slated to begin in early 2016 with estimated completion by mid 2016.



Viva Industrial Trust is a young and growing company which is constantly looking out for opportunity for growth.
With the current price of 0.715 (baseline to 25 November 2015), this counter gives an attractive dividend yield of 9.7255%

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