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Third Reit this year looking to list on SGX
Published Mon, Jun 20, 2016 · 09:50 PM
Singapore
A THIRD real estate investment trust (Reit), this time holding Chinese logistics assets, is said to be considering a listing on the Singapore bourse.
EC World Reit, as it is known, is reportedly looking to raise up to S$450 million. The trust is backed by Shanghai-based Forchn Holdings Group, which is a co-founder and shareholder of Cainiao Network, the logistics division of Chinese e-commerce giant Alibaba.
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