SPH Reit eyeing retail assets in Asia-Pacific
In Singapore, the Reit is closely watching assets in terms of yield-accretion, location and sustainability
Singapore
IN A bid to expand its portfolio from the current two shopping malls, SPH Reit is looking to acquiring retail assets both locally and overseas.
"As a Reit manager, we have been looking and exploring various opportunities both locally and overseas," Susan Leng, CEO of SPH Reit Management, told unitholders at the annual general meeting (AGM) on Friday.
Ms Leng was responding to a unitholder's question on the possibility of the Reit acquiring other malls available for…
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