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World & Business

Suntec REIT plans to sell three Australian properties and increase Singapore focus

The Straits Times reports that the trust also aims to reduce leverage to below 40% for future growth opportunities.

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1 Source, 9d ago, first seen 9d ago

TLDR

Suntec REIT plans to focus more on Singapore assets and sell three Australian properties, The Straits Times reports. Its plans also include reducing leverage to below 40% to make room for future growth opportunities.

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1 Source, first seen 9d ago

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Combined views

5.7K

1 Source, first seen 9d ago

4 likes1 comments1 saves1 reposts

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1 Source

@straits_timesSuntec REIT to increase Singapore focus, sell three Australia properties https://bit.ly/4AGQk3d
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    1 Source

    @straits_timesSuntec REIT to increase Singapore focus, sell three Australia properties https://bit.ly/4AGQk3d
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