SUBSCRIBERS
Retail S-Reits in spotlight as Robinsons closure may herald exit of owner's other brands: DBS
Add BT as a preferred source
Published Mon, Nov 2, 2020 · 09:50 PM
Singapore
DBS Group Research on Monday noted that the fortunes of retail-focused Singapore-listed real estate investment trusts (S-Reits) are "closely tied" with that of beleaguered Robinsons Singapore's owner.
More brands under Dubai-based conglomerate Al-Futtaim, which owns the department-store operator that's now in liquidation, may also follow suit with closures, the research team wrote.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead
Indonesia targets year-end start for US$30 billion clean power exports to Singapore
Seatrium surge leads Singapore stocks slightly higher on Tuesday; STI up 0.1%
