Boustead Singapore is getting ready to venture into the next hottest phenomenon out there....REITS. This news came out after the successful listing of the recent SPH and OUE Reits.
Mr. Wong, Chairman and CEO of Boustead Singapore, is determined to press on with the idea of creating a REIT, where he believes will benefit the shareholders of Boustead Singapore through capital recycling and corporate tax savings on the dividends.
"We don't need an external partner to do it, but we are looking for a partner to share risk and help us build our portfolio"
"Finding yield-accretive acquisitions is more difficult, with yields going up. So, this will play to our advantage"
"We are the pioneers in Singapore for industrial properties leaseback . With our design capability and leaseback model, we will be able to continue to create a pipeline"
"Our competitors don't have ...
...
