Reit consolidation not likely: analysts

Singapore

THE erratic outlook for the Reit sector has rekindled market talk of possible consolidation - be it smaller players grouping together, or larger players taking smaller ones out - should market conditions worsen.

This is given the "saturated" Reit market in Singapore, particularly in the industrial space which is fragmented with several small players which do not appear to be very different from one another to the layman.