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Suntec REIT’s manager raises $94.4 million in strata sales at Suntec, prefers divestments to EFR to lower gearing   - THE EDGE SINGAPORE

REITs

Suntec REIT’s manager raises $94.4 million in strata sales at Suntec, prefers divestments to EFR to lower gearing

Suntec REIT's manager looks to divest core plus property in Australia or Suntec's strata units to lower aggregate leverage to 40%

Results

Suntec REIT announces 2.1% lower 3Q DPU of 2.483 cents; 1.1 mil units traded

SINGAPORE (Oct 30): Suntec REIT is trading 2 cents or 0.8% higher at $1.94 as at 10.22am on Monday with 1.1 million units traded.
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