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SPH Reit eyeing retail assets in Asia-Pacific

In Singapore, the Reit is closely watching assets in terms of yield-accretion, location and sustainability

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DOING FINE: While competition among malls in Singapore's western part has intensified, footfall at The Clementi Mall has grown and tenant sales improved by 3.6 per cent to S$242 million in FY15.

Singapore

IN A bid to expand its portfolio from the current two shopping malls, SPH Reit is looking to acquiring retail assets both locally and overseas.

"As a Reit manager, we have been looking and exploring various opportunities both locally and overseas," Susan Leng, CEO of SPH...

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