ARA Logos Logistics Trust eyes sponsor's portfolio for growth
Its priority now is to grow its unit price to enable it to do equity capital raising, given its limited debt headroom
Add BT as a preferred source
Singapore
ARA LOGOS Logistics Trust has high hopes of growing its portfolio through asset acquisitions from its new sponsor, Logos, which has about about six million sqm of logistics space in Asia-Pacific, across China, India, Australia, New Zealand and South-east Asia.
Unfortunately, unlike other logistics Reits on the local bourse, its unit price has not quite recovered to what it was before the March sell-off, and there might be a simple reason for that.
TRENDING NOW
The retirement advice that worries me the most
Showdown at Tanglin Club sees new rival slate elected to general committee
Stocks to watch: Mapletree Industrial Trust, The Hour Glass, UI Boustead Reit, Boustead Singapore, Aspial Lifestyle
‘I feel so stupid’: How young Indonesians get stuck on the debt treadmill
