SEHK:823Retail REITs
A Look At Link REIT (SEHK:823) Valuation After Singapore Asset Sale And Buyback Plans
Link Real Estate Investment Trust (SEHK:823) has agreed to sell its 56% stake in Singapore retail property Swing By@Thomson Plaza for SGD250 million, at a premium to both its book value and its acquisition price.
See our latest analysis for Link Real Estate Investment Trust.
The Swing By@Thomson Plaza sale comes after a period of stronger price momentum, with a 7 day share price return of 5.18% and a 90 day share price return of 11.44%. The 1 year total shareholder return of 24.00% contrasts...