S-Reits' acquisition blitz set to hit S$10b in 2020 despite Covid-19

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S-Reits' acquisition blitz set to hit S$10b in 2020 despite Covid19

Ascendas Reit has proposed to buy two San Francisco office properties, including a six-storey building at 505 Brannan Street .

SINGAPORE real estate investment trusts are back in the buying game, spurred on by low interest rates, higher debt capacity under an enhanced gearing limit allowed by the central bank, and pent-up from the transaction slowdown in the first two quarters of this year....

 

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