Singapore's
First Independent Industrial REIT
Cambridge Industrial Trust Management
Limited (CITM) is the Manager of Singapore's first independent industrial REIT, Cambridge
Industrial Trust (CIT).
CITM is owned by nabInvest Oxley Singapore Pte Ltd, the entity which holds the majority stake of 80 percent of the Manager. nabInvest Oxley Singapore Pte Ltd is a joint venture by National Australian Bank holding 70% with Oxley Group holding 30%. Mitsui & Co., Ltd ("Mitsui"), one of Japan's largest business conglomerates holds the remaining 20 percent of the Manager.
The management team has extensive experience in fund, asset and property management in Singapore and the region. A number of our directors are real estate specialists with strong credentials and investment experience.
CITM is not majority controlled by any property company that develops or owns real estate for commercial sale or investment purposes. CITM believes this independence provides the following benefits:
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Property owners are likely to be more receptive when dealing with a Manager who is not a competing developer or having other business that share the same industry space. |
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Having interests wholly aligned with CIT's Unitholders. |
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