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Stocks to watch: IReit, Suntec Reit, Cromwell E-Reit, Sabana Reit, Keppel Reit

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THE following companies saw new developments that may affect trading of their shares on Tuesday: Read more at The Business Times.

IReit Global:

The Europe-focused real estate investment trust has raised some S$142.8 million from an oversubscribed rights issue on the basis of 454 units for every 1,000 units held, at an issue price of S$0.49 apiece. IReit units ended flat at S$0.61 on Monday, before the announcement., the Reit manager said in a bourse filing. Units of Suntec Reit closed up 1.4 per cent or S$0.02 to S$1.45 on Monday, before the announcement.

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