Timing and price key in buying Seletar Mall: SPH Reit
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Singapore
SPH Reit, a real estate investment trust sponsored by media group Singapore Press Holdings (SPH), is interested in adding The Seletar Mall to its portfolio, but time and price are two determining factors.
The Reit's chairman Leong Horn Kee shared this on Friday in response to questions from shareholders who wondered if the Reit would purchase The Seletar Mall as it looked to grow the business. Currently, the Reit's portfolio comprises Paragon and The Clementi Mall.
Copyright SPH Media. All rights reserved.
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