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Staying focused on S'pore

Koh Wee Lih, chief executive of AA Reit's manager, is cautiously optimistic about the outlook for its properties, reports FELDA CHAY

Mr Koh: 'We like to do development work because it gives better returns to investors.' - PHOTO: ARTHUR LEE

WITH Singapore property firms all clamouring into overseas markets like Australia, it comes across as a little strange that AIMS AMP Capital Industrial Reit (AA Reit), which has Australian backers, would pull the brakes on expansion overseas to stay where it is - a Singapore-focused industrial

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