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OUE REITS MERGER

Two OUE Reits join consolidation trend with proposed merger

Deal will yield diversified Reit with commercial property and hospitality assets worth S$6.8 billion; increased liquidity expected to raise unit price

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Consolidation in the Reit sector appears to be gaining momentum - two OUE units announced a merger on Monday to create a S$6.8 billion diversified real estate investment trust (Reit) whose unit price could rise over time with increased liquidity and institutional interest.

Singapore

CONSOLIDATION in the Reit sector appears to be gaining momentum - two OUE units announced a merger on Monday to create a S$6.8 billion diversified real estate investment trust (Reit) whose unit price could rise over time with increased liquidity and institutional interest....

sentifi.com

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