Size matters: UOB Kay Hian stays buoyant on Singapore REITs sector amid flurry of M&As
Stanislaus Jude Chan • • 3 min read
SINGAPORE (Dec 9): Singapore’s real estate investment trusts (S-REITs) continue to excite market watchers, amid a flurry of mergers and acquisitions this year.
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SINGAPORE (Dec 9): Singapore’s real estate investment trusts (S-REITs) continue to excite market watchers, amid a flurry of mergers and acquisitions this year.
In the largest deal, CapitaLand in January announced it is forking out $6 billion to acquire Temasek Holdings' subsidiary Ascendas-Singbridge (ASB), in a move which saw the creation of the largest diversified property group in Asia with combined total assets under management (AUM) of more than $123 billion.
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