REITs are probably still the best friends of bankers. So far this year, S-REITs have raised around $3.7 billion in equity and quasi-equity such as perpetual securities or perps. This does not include the perps that were issued to refinance those that were called by Ascendas REIT and Keppel REIT which was announced on Sept 7.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe