News Formal

Even before proposed merger, CCT and CMT have already been diversifying: managers

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

CAPITALAND Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) in a recent dialogue with unitholders, said that with or without a merger, both Reits (real estate investment trusts) have already been adopting a diversification strategy even within their own portfolios. Read more at The Business Times.

"The case for a larger and more diversified Reit has become even more compelling in the post-Covid-19 environment. While Singapore retail and office remain relevant, the onset of Covid-19 is likely to accelerate the trend towards more mixed-use precincts and integrated developments across Singapore."

The accretion figures of +4.1 per cent and +7.6 per cent for CMT and CCT unitholders respectively have come about as a result of the consolidation of CMT's retail and CCT's office portfolios and the ability of both platforms to unlock synergies and create value for the merged entity over time. The Reit managers simply replied that the pro forma financial effects do not take into consideration the synergies and opportunities that may be derived from the leadership, resilience and growth potential of the merged platform."It is important that we look at the transaction in its entirety," they said, adding that the combined platform is expected to unlock further synergies.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 15. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Playboy nears US$425 million deal to return to the stock market, sources sayPlayboy Enterprises is nearing a deal to go public through a merger with Mountain Crest Acquisition Corp , which would value the owner of Playboy ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

Playboy nears US$425 million deal to return to the stock market, sources sayPlayboy Enterprises is nearing a deal to go public through a merger with Mountain Crest Acquisition Corp , which would value the owner of Playboy ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »

Expected bank merger wave puts Deutsche Bank on stand-byDeutsche Bank is preparing for a wave of mergers, its finance chief said on Tuesday, in a potential change for Germany's biggest lender, which has ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »