REIT

With the acquisition of Nova Properties, Suntec REIT’s AUM will grow from $10.7 billion to $11.5 billion.

Units in Keppel REIT closed flat at $1.09 on Oct 7.

EC World Asset Management, the manager of EC World REIT, has announced the appointment of Wang Feng as their new CFO.

The rating on CMT reflects the agency’s view of the REIT’s leading-market position following its merger with CCT.

The merger is expected to take place on October 21. CCT’s last day of trading is expected to be on October 16.

With Brexit done and almost dusted, and the sterling volatility on the ebb, the UK is an obvious market for investors hunting for assets with sta-ble cash flows. Case in point, the first UK and sterling-denominated REIT, Elite Commercial REIT (Elite REIT)

If you are new to the stock market, real estate investment trusts, or REITs, are a good place to start.

SINGAPORE (Sept 27): RHB is highlighting Ho Bee Land as a potential REIT and privatisation candidate with a sustainable 4% yield.

SINGAPORE (May 18): ESR-REIT will buy rival Viva Industrial Trust in a proposed deal valued at $936.7 million, marking the first consolidation among Singapore's crowded mid-cap real estate investment trusts.