Over the last several years, several REITs have delisted either through mergers or having been taken private. These moves have reduced the REITs available for investors as consolidation takes place within the REIT space. Last year, ESR-REIT (SGX: J91U) and ARA Logos Logistics Trust went through a S$1.4 billion merger to increase its exposure to new economy assets. Earlier this year, Mapletree Commercial Trust (SGX: N2IU) and Mapletree North Asia Commercial Trust (SGX: RW0U) announced a S$4.2 billion merger to form Mapletree Pan-Asian Commercial Trust or MPACT. Apart from these two REITs, Soilbuild Business Space REIT was taken private more than a year ago at S$0.53806 per unit. The latest REIT to announce that it plans to go private is Frasers Hospitality Trust (SGX: ACV), or FHT. Here are five aspects of the transaction that investors should know about. 1. A premium to net asset value A wholly-owned subsidiary of Frasers Property Limited...