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Straits Trading aims to set up Blackstone-style property funds

Asia's ageing population seen giving a boost to Reits, which offer a steady form of income
Saturday, November 23, 2013 - 06:00
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MS CHEW 'What we're trying to do is create a . . . platform for monetizing real estate. The environment is in our favour.'

Singapore STRAITS Trading Co, an investor in Singapore's biggest publicly traded property trust manager, is planning "Blackstone-like" funds as Asia's appetite for real estate investments increases. Straits Trading last month invested in ARA Asset Management Ltd, the property trust manager

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