- REITS : Cambridge Industrial Trust (J91U) - Announced an acquisition proposal of 16 International Business Park, Singapore, for a consideration of $28 million. The three-storey building located within International Business Park in Jurong has a gross floor area of approximately 69,258 square feet (sqf) and remaining land tenure of 41.6 years. Upon completion of the acquisition, the property will be leased to M+W Singapore for 11.6 years, with the option to renew for two consecutive five-year terms. (source : Shares Investment)
- REITS : ...
As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.
Hence, I started this "Market News In 2 Minutes" series.
Following are the "Market News In 2 Minutes" for today :