News about Suntec REIT —
Suntec Reit eyes injection of 9 Penang Road from sponsor into portfolio
Tang Organization, the new sponsor of Suntec Real Estate Investment Trust (Reit), may soon inject its 9 Penang Road building that houses UBS’ Singapore operations into the Reit’s portfolio....read more on The Business Times
“At this moment, 9 Penang Road, an eight-storey commercial development strategically situated in the prime commercial and retail hub of Orchard Road and Dhoby Ghaut could be a potential pipeline for Suntec Reit,” said the Reit manager in a bourse filing on Friday (Apr 10).