FMP expects between 7 & 8 percent rental yield from Arundel Park extension

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FIRST Mutual Properties (FMP) says construction of its US$6 million Arundel Office Park block will be complete by September this year and expects a rental yield of either 7 or 8 percent. This comes as most traditional blue-chip tenants are moving away from the growing disorderliness in the Central Business District (CBD) mainly characterised by…