You are here

SPH Reit eyeing retail assets in Asia-Pacific

In Singapore, the Reit is closely watching assets in terms of yield-accretion, location and sustainability

BT_20151128_LKSPHREIT28CAK7_1997972.jpg
DOING FINE: While competition among malls in Singapore's western part has intensified, footfall at The Clementi Mall has grown and tenant sales improved by 3.6 per cent to S$242 million in FY15.

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

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom