An airport real estate investment trust secured on the rental income of the first three Changi terminals could command market capitalisation near $10b, according to a report by Maybank Kim Eng .
An airport REIT could therefore help increase the representation and weight of “pure play” Singapore companies on the Strait Times Index , they added, citing that such a REIT may help satisfy yield-hungry institutional and retail investors. “An airport REIT will help broaden and complement the current diversity of REIT and business trusts offered on the Singapore exchange. This could help catalyze Singapore’s efforts to be an infrastructure financing hub,” Chua and Lee added.
In terms of absolute change, the report highlighted that fiscal assets grew by $90.4b or 9.1% over the previous fiscal year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks to watch: ESR-Reit, Raffles Education, Transcorp HoldingsTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
UK will likely have to delay Brexit if lawmakers reject PM May's deal: Finance minister HammondLONDON (REUTERS) - Britain will probably have to delay its departure from the European Union if lawmakers reject the government's proposed divorce deal in a vote next week, according to the finance minister Philip Hammond.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
JPMorgan backs away from private prison financeJPMorgan Chase & Co has decided to stop financing private operators of prisons and detention centers, which have become targets of protests over ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China won't make big concessions on US trade deal, ex-finance minister Lou Jiwei saysBEIJING (BLOOMBERG) - China won't make big concessions to the US in order to seal a trade deal, former finance minister Lou Jiwei said in Beijing on Wednesday (March 6), calling some US demands for change 'unreasonable.'. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »