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]
Computer, Technology, Databases, Google, Internet, Mobile, Linux, Microsoft, Open Source, Security, Social Media, Web Development, Business, Finance
Subscribe to:
Post Comments (Atom)
-
Installed FortiClient recently but the challenge in disabling the application/service from running automatically on every start-up annoyed m...
-
If you have been reading the mainstream media or the social media, it is likely that you would have heard of SimplyGo - an initiative by the...
-
Gartner Report on the Magic Quadrant for Digital Experience Platforms as published on 26 Jan 2021.
-
As of today, Google will start using a new shortened url - g.co , to promote Google websites. g.co works differently as compared to a long-t...
-
New set of date ranges for the 12 13 zodiac signs Capricorn - Jan 20 to Feb 16 Aquarius - Feb 16 to Mar 11 Pisces - Mar 11 to Apr 18 Ar...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.