Shares & Derivatives
First European SREIT and New Hospitality Trust upcoming on SGX
By Doctor Wealth  •  June 20, 2014
The First European SREIT and a New Hospitality Trust will be coming soon to SGX. They are I REIT Global Management and Frasers Hospitality Trust, according to Bloomberg. berlin landscape  

A Night View of Berlin

I REIT Global Management is preparing for a US$300 million IPO on SGX. This is an exciting issue as it is one of the first REITs backed by full European properties to show up on SGX. The REIT is primarily an office REIT and it will be interesting to see how the yields compare to Singapore listed commercial REITs such as CapitaCommercial REIT and Keppel REIT which are yielding in the 5-6% range. If the REIT is successful in listing, it will offer local investors for the first time exposure to European properties. It will be a good way to diversify a SREIT portfolio which until today has generally been limited to Asian properties. Frasers Hospitality ......
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By Doctor Wealth
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