Suntec REIT share price is enjoying some sort of bullish form in recent months. The share price hit a 2-year high in July after the announcement of a 50% in Premium Grade office in Melbourne. However, a look at the recent financial results indicated things may not be so rosy after all for the venerable REIT. Total return for 2Q17 rwas actually a decrease of 23% compared to last year. So why did the share price rise and is Suntec REIT a value trap? Suntec REIT portfolio Being one of the first REITs to be established in Singapore, Suntec REIT was listed on the SGX mainboard on 9 December 2004. Besides having a respectable history, the real estate investment trust also boosts an unique portfolio of properties comprising office and retail spaces. Suntec REIT owns Suntec City ......