SUBSCRIBERS
AIMS property fund sees opportunities in Australian commercial real estate downturn
Published Fri, Dec 14, 2018 · 09:50 PM
Singapore
DUAL-listed AIMS Property Securities Fund is "strategically positioned" to take advantage of a downturn in the Australian commercial real estate market, which has begun to show signs of weakening, chairman George Wang wrote in a letter sent to unitholders.
He said that the tightening of bank lending is expected to "play a large role" in the downturn of Australia's commercial real estate market.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Keppel Reit unit obtains 131 billion won loan facility
US: Wall St inches up, set for weekly gains on rate-cut hopes
India's Zee Entertainment reports Q4 profit as advertising demand picks up
Halcyon Agri posts 88.2% rise in Q1 Ebitda
Keppel’s data centres CEO to become senior managing director, M1 CEO to helm connectivity portfolio
‘No better player’ than GIC to help revitalise fortunes of Singapore stock market: observers