Straits Trading sets up unit to trade real estate securities
SRE Capital to start off with a dividend-paying fund that trade mainly Reits in the Asia-Pacific
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Singapore
THE Straits Trading Company's real estate investment arm has set up a new subsidiary, SRE Capital, to form and manage funds invested in Reits, asset-backed trusts and corporate securities in the real estate and infrastructure sectors in the Asia-Pacific.
For a start, SRE Capital will manage a dividend-paying fund that trade real estate securities listed in the region, mainly Reits and to a lesser extent, infrastructure securities.
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