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Wariness among Reit managers, trustees as contentious merger proposals move forward

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THIS past week, there were at least three corporate announcements that would have piqued the interest of investors following the spate of real estate investment trust (Reit) mergers in the local market. Read more at The Business Times.

The strangest one, in my view, was from the manager of CapitaLand Commercial Trust , which is scheduled to seek unitholder approval to merge with CapitaLand Mall Trust at an EGM on Sept 29.

THIS past week, there were at least three corporate announcements that would have piqued the interest of investors following the spate of real estate investment trust mergers in the local market.To continue reading

 

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