Even before proposed merger, CCT and CMT have been diversifying: managers

Singapore

CAPITALAND Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) in recent dialogue sessions with unitholders, said that with or without a merger, both real estate investment trusts (Reits) have already been adopting a diversification strategy within their own portfolios.

The Reit managers were responding to questions about whether the management of both Reits will consider specific business plans to improve their respective Reits, rather than to proceed with the merger.

This was so that Singapore investors can decide on their own diversification strategy, instead of being "forced" to accept exposure to a sector that they do not understand nor want to invest in.

The dialogue sessions were organised by the Securities Investors As…

A NEWSLETTER FOR YOU

Tuesday, 12 pm

Property Insights

Get an exclusive analysis of real estate and property news in Singapore and beyond.

Sign Up