Extracted from SGX’s website, some details of this Reit:   Allco Commercial Real Estate Investment Trust Listed on: 30 March 2006 on SGX Mainboard ISIN Code : SG1T07929261 Incorporated on : 12 Sep 2005 Registered Office : Allco (Singapore) Limited Level 16, 55 Market Street, Singapore [...]

Not surprising that in our Business Time (9/9/06) reported that Singapore’s S$10 billion (S$1 = RM2.32) real estate investment trust (REIT) industry may triple in market value in the next five to 10 years as more assets become available.   Reasons for this are :   Singapore has already deregulated the REIT rules and regulations [...]

I have been following up with REITs development in Malaysia in this blog. Interestingly, many Malaysian companies are now on the bands wagon of establishing REIT as part of their corporate strategy. (Refer to the reasons in my earlier article) Compared to Singapore, as at 22/8/06, the below statistic showed Singapore has 13 Reits compared [...]