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Analysts recommend ARA Logos unitholders accept ESR-Reit offer
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Published Mon, Oct 18, 2021 · 09:50 PM
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.
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