Reits headed for merger wave? Unlikely

Tue, Jun 07, 2016 - 5:50 AM

Lee Meixianleemx@sph.com.sg@LeeMeixianBT

OVERSATURATION, tough operating conditions and valuation gaps have fuelled market talk that listed real estate investment trusts (Reits) could soon experience not just their first merger and acquisition (M&A), but even a wave of consolidation.

But targeting the Reit manager is still...

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