Vice President and head of Real Estate Finance Capital at Sygnus Real Estate Finance, David Cummings, says its US$20 million Lakespen Industrial Park will be developed with a strong emphasis on resilience and long-term reliability.
As a result, the park will feature a 2.4m or 8ft perimeter wall outfitted with anti-climb security spikes and an extensive network of surveillance cameras throughout all the common areas.
Speaking in an interview on Power 106 FM's Real Business on Monday morning, Mr. Cummings said the security at the park will also be bolstered with a rapid response, armed security team stationed on-site.
Mr. Cummings revealed that the development will include an underground electrical distribution system designed to improve reliability and aesthetics, along with a 70,000-gallon reserve water tank to support business continuity for clients.
The Real Estate executive said the project was approved in response to demonstrated demand for about one million square feet of commercial space.
He added that implementation is ready well advanced, noting that the design and build contract was signed with China Harbour
Engineering Company (CHEC) in December last year, with completion targeted for summer 2027.
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