New Global Logistic mega IPO launched by GIC may weigh on existing smaller industrial trusts such as Cache Logistics Trust, Mapletree Logistics Trust, Ascendas REIT and Cambridge Industrial Trust. I managed to sell away Mapletree Logistics Trust few days back and decided to hold onto Cambridge Industrial Trust for the latter's higher dividend yield and to lower exposure to REITs. Another mega IPO, Mapletree Industrial Trust, likely to take off around same time, could further depress existing industrial plays.
Today, shares of Cache Logistics Trust remained unchanged, Mapletree Logistics Trust fell 2.247%, Ascendas REIT fell 0.459% and Cambridge Industrial Trust fell 0.917%.
Global Logistic IPO may weigh on smaller peers [via]
Subscribe to:
Post Comments (Atom)
Popular Posts
-
I would like to apologize that sigining of my guestbook is not possible at the moment due to an unexpected bug. There is already 74 entries ...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
-
Singapore's Land Transport Authority has just released an updated official MRT map including one additional station on the Downtown Line... -
Installed FortiClient recently but the challenge in disabling the application/service from running automatically on every start-up annoyed m...
-
People's Action Party MP, Mr Inderjit Singh, debated on the Population White Paper and put up his point across that he is against his ow...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.