REIT Oracle

Fortune REIT Leaving SGX

in Market news

Fortune REIT, a Hong-Kong real estate trust listed in both Hong-Kong (mainly) and Singapore, will soon leave the Singapore Stock Exchange to streamline it's operation and reduce regulatory compliance costs.

As at Wednesday, there were 374.9 million units listed on SGX, which comprise about 19.4 per cent of Fortune Reit's total units in issue.