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This REIT appears to be leading a ‘semi-charmed life’

PC Lee
PC Lee8/21/2017 11:12 AM GMT+08  • 3 min read
This REIT appears to be leading a ‘semi-charmed life’
SINGAPORE (Aug 21): Viva Industrial Trust has been one of the top outperformers in the S-REIT universe, gaining about 22% year to date.
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SINGAPORE (Aug 21): Viva Industrial Trust has been one of the top outperformers in the S-REIT universe, gaining about 22% year to date.

“The REIT appears to lead a semi-charmed life, with successful settlement of Jackson Square, completed AEI at Viva Business Park and potential upside from tax writeback,” says lead analysis Yeo Zhi Bin in a Friday report.

The CIMB team recently spent some time on the road in Kuala Lumpur with Viva Industrial’s head of investment Frank Ng and investor relations manager Lyn Ong.

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