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THE LEVEL GROUND

Reits, business trusts should avoid raising new equity to fund acquisitions

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Leslie Yee

Leslie Yee

Published Mon, Aug 21, 2023 · 03:31 PM
    • Amid high interest rates, listed trusts should try to sell assets to raise proceeds to fund acquisitions, instead of tapping equity funding.
    • Amid high interest rates, listed trusts should try to sell assets to raise proceeds to fund acquisitions, instead of tapping equity funding. PHOTO: BT FILE

    PUBLIC-LISTED entities face onerous disclosure and compliance requirements. But a listed entity can fairly easily issue securities to raise funds.

    Many property development and investment companies hardly make use of their listed status to raise equity in the secondary market.

    Some listed property-related trusts, on the other hand, tap the equities market periodically to raise funds.

    The Level GroundCAPITALAND ASCOTT TRUSTReitsS-ReitsCapitaLand InvestmentMapletree InvestmentsInterest ratesprivate placementrights issueSpotlight

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