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
-
Get accurate and real-time bus arrival information for public bus operators in Singapore, including SBS Transit, SMRT Buses, Go-Ahead Singap...
-
According to the Firefox developer team, Firefox 3 will be launched on 17th June 2008. From the Firefox Developer blog, they are attempting ...
-
Google url shortener service, goo.gl , is now much improved with newly included features like easier copy and paste, and ability to delete e...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
-
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 ...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.