SUBSCRIBERS
S'pore Reits increase perpetual bonds before new rules take effect
Add BT as a preferred sourcePublished Tue, Nov 17, 2015 · 09:50 PM
Singapore
SINGAPORE landlords are loading up on bonds masked as equity to get around new rules curbing their debts amid a property slump.
Real estate investment trusts (Reits) issued a record S$700 million of perpetual notes with no set maturity date in 2015 and they are likely to sell more, according to Fitch Ratings.
Share with us your feedback on BT's products and services
