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Business

In S’pore, REITs becoming more important than ever

SINGAPORE: Singapore is becoming a hub for the property-management industry: It has more foreign real estate investment trusts (REITs) than anywhere else in the world, and the companies’ importance on the nation’s benchmark equity index is the highest it’s ever been.

Business

CGS-CIMB: Rental rebates by retailers negative for REITS

PETALING JAYA: Rental rebates by retailers will have a negative impact on real estate investment trusts (REITs) that own retail malls, according to CGS-CIMB Research.