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More Reits likely to tap equities as unit prices go up

Thursday, September 8, 2016 - 05:50

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More equity fund-raisings could be in the offing for real estate investment trusts (Reits), given their 9 per cent unit price run-up from late June till now.

MORE equity fund-raisings could be in the offing for real estate investment trusts (Reits), given their 9 per cent unit price run-up from late June till now.

Already, since July, three Reits have raised equity, with Mapletree Commercial Trust (MCT) pulling off the largest equity issuance

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