| ATRIUM REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | OTHERS |
| Description | LEASE EXPIRY AT ATRIUM PUCHONG, AN INDUSTRIAL PREMISES COMPRISING A SINGLE STOREY WAREHOUSE AND A FOUR (4) STOREY OFFICE BLOCK ERECTED ON A PIECE OF FREEHOLD LAND HELD UNDER GERAN 44178, LOT NO. 65108, PEKAN PUCHONG PERDANA, DAERAH PETALING, NEGERI SELANGOR BEARING POSTAL ADDRESS NO. 2, JALAN PPU 1, TAMAN PERINDUSTRIAN PUCHONG UTAMA, 47100 PUCHONG, SELANGOR DARUL EHSAN (“THE PROPERTY”) |
The Board of Directors of Atrium REIT Managers Sdn Bhd, the Manager of Atrium Real Estate Investment Trust (“Atrium REIT”) wishes to announce that the existing lessee of the Property, namely DHL Supply Chain (Malaysia) Sdn Bhd (Company No.: 7908-W)(“the Lessee”), has not renewed the lease agreement which expired on 18 September 2014. However, the Lessee is currently still renting approximately 44,000 sq. ft., comprising the four (4) storey office block and part of the warehouse until the middle of December 2014. The Management is working closely with property agents to actively source for a new tenant. The potential financial impact to Atrium REIT as a result of the Lease Expiry will be a reduction in the monthly rental income by RM254,992.50 in the event that a new tenant is not secured after the middle of December 2014. This announcement is dated 29 October 2014. | |
| Company Name | ATRIUM REAL ESTATE INVESTMENT TRUST |
| Stock Name | ATRIUM |
| Date Announced | 29 Oct 2014 |
| Category | General Announcement |
| Reference No | CK-141001-50646 |