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Perpetuals lure as cheap equity for hungry-to-acquire Reits

Such securities are accounted for as equity, and offer Reits prowling for assets a competitive advantage

Leslie Yee
Published Mon, Jun 14, 2021 · 09:50 PM

Singapore

THERE are businesses that list in Singapore, and raise no further capital once their listing status is secured.

That, however, is not the story for real estate investment trusts (Reits) listed here.