ESR-REIT obtains TOP for 29 Tai Seng Street AEI, secures 100% occupancy with PSB Academy lease

• ESR-REIT completed the asset enhancement at 29 Tai Seng Street, Singapore, securing a Temporary Occupation Permit on Aug. 4, 2026.
• The upgraded property reached 100% occupancy ahead of schedule via a long-term lease to PSB Academy with about a 10-year term.
• PSB Academy also leased two floors at 16 Tai Seng Street on a similar roughly 10-year structure, lifting occupancy to 68% from 53%.
• Income contribution from 29 Tai Seng Street is set to start in 3Q2026; leases include annual rental escalations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ESR-REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 0V8K7M4VD8X2CQOW) on August 04, 2026, and is solely responsible for the information contained therein.