SPH Reit studying overseas markets such as Australia for future acquisitions
After searching for 2 years, it has yet to find suitable assets to add to portfolio
Singapore
SPH Reit has been "aggressively and actively" looking at acquisition opportunities since two years ago. It has even looked at overseas markets such as Australia, but has yet to find any suitable assets to add to its portfolio.
This was what the management told unitholders at the trust's fourth annual general meeting (AGM) on Thursday, when they were asked about SPH Reit's expansion plans. About 280 unitholders and proxy holders attended the AGM.
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