Okay, so I wasn’t planning on doing this post. But then I was reading the Link REIT
acquisition of Jurong Point. And posting quick thoughts on
Twitter (do follow me on
Twitter if you haven’t already). And the more I looked at it, the more interesting this deal become. So here goes… 3 key takeaways on Link REIT’s acquisition of Jurong Point.
3 Key Takeaways on Link REIT’s acquisition of Jurong Point
Are Commercial Real Estate valuations going down? Financing is not cheap for Link REIT Are REITs in trouble?
Are Commercial Real Estate valuations going down?
I must admit this horse doesn’t have the best memory. But I do vaguely recall Mercatus buying Jurong Point for quite a large number a while back (Mercatus being the seller, owned by NTUC). And sure enough, Mercatus
bought Jurong Point for
$2.2...