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SingPost 'examining options' for its property assets

The Edge Singapore
The Edge Singapore7/21/2022 09:30 PM GMT+08  • 2 min read
SingPost 'examining options' for its property assets
SingPost Centre consists of the company's headquarters, mail processing facility, offices and retail space / Photo: The Edge Singapore
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SingPost is “examining options” of its property holdings that consist mainly of the SingPost Centre, says CEO Vincent Phang at the company’s annual general meeting on July 21.

Besides housing the postal operator’s headquarters and mail processing facility, there are also commercial spaces including office space as well as a retail mall, which has a gross floor area of 269,000 sq ft and a net lettable area of 178,000 sq ft.

The redevelopment of the mall space, costing some $150 million, was completed in 2017.

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