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Singapore's strong corp governance and tax support big draws for foreign Reits

Republic's status as Reits hub, region's wealth growth also big pluses

Angela Tan

Published Thu, Jul 4, 2019 · 09:50 PM

Singapore

WHEN Frasers Logistics & Industrial Trust was mulling a listing venue, Australia was a possible choice given the real estate investment trust has more than 65 per cent of its assets Down Under.

However, the Reit eventually decided to list on the Singapore Exchange (SGX) because the trust's aspirations were not centred solely on Australia, said chief executive officer Robert Wallace.

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