Among them, Frasers Centrepoint Trust (FCT) and ESR-REIT announced placements and preferential equity offerings in Singapore dollars to acquire Singapore assets.
SINGAPORE (June 28): Singapore REITs raised $1.35 billion through placements in the first half of this year, that was used mainly for acquisitions.
In general, these acquisitions have been accretive to distribution per unit (DPU).
