Starhill Global REIT Extends Tenancy Deal for Lot 10 Property

MT Newswires
01-24

Starhill Global REIT (SGX:P40U) extended the master tenancy agreement for its Lot 10 property with Katagreen Development for another three year term, according to a filing with the Singapore Exchange on Thursday.

Katagreen, a subsidiary of YTL Berhad, exercised the call option for the property under its existing agreement with the total annual rent increasing to 37.8 million ringgit per year, a 6% increase over the the rent payable in the previous three-year term.

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