Analysts recommend ARA Logos unitholders accept ESR-Reit offer

Singapore

ANALYSTS are recommending that unitholders of ARA Logos Logistics Trust accept ESR-Reit's S$0.95 per unit offer as part of a S$1.4 billion merger deal of both real estate investment trusts (Reits).

Alternatively, unitholders who do not wish to participate could also lock in their profits after a "stellar share price performance" in the year to date, realising a gain of 56 per cent, RHB said in a Monday report.