The Minster Building
Property Statistics
As at 30 June 2022
Market Valuation
S$593.5
million1,2,3
Total Net Lettable Area
0.3 million sq ft1
Committed Occupancy
96.7%1,4
Net Property Income
S$12.8 million5
Location |
The Minster Building, 21 Mincing Lane, EC3
|
Ownership Interest |
100.0% |
Title |
999-year leasehold from 24 October 1990 |
Purchase Price |
S$667.2 million6 |
Car Park Lots |
8 |
Notes:
- Reflects Suntec REIT's interest in the property.
- Based on the valuation as at 30 June 2022.
- Based on exchange rate of £$1.00 = S$1.7036 as at 30 June 2022.
- 2-year income guarantee for vacant spaces and retail leases and approx. 1-year income guarantee for co-working lease.
- Based on exchange rate of £$1.00 = S$1.7686.
- Based on exchange rate of £$1.00 = S$1.89.
The Minster Building is a Grade A office building with ancillary retail located in the heart of City of London.
The office development is within 10 minutes walking distance to five train stations. The property is surrounded by several important institutions of historical significance and landmark attractions