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ESR-Reit in share swap talks with Viva Industrial Trust

It may create the 5th-largest S-Reit by market cap

Published Fri, Jan 26, 2018 · 09:50 PM

Singapore

WARBURG Pincus-backed ESR-Reit and Viva Industrial Trust (VIT) are in advanced talks for a share swap deal that will turn the combined entity into the fifth-largest industrial Singapore Reit (S-Reit) by market capitalisation.

This comes two months after talks between ESR-Reit and the troubled Sabana Reit fell through, in what …

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