ESR and Viva Merger Now Binding

News about ESR-REIT

As the ESR-REIT and Viva Industrial Trust (VIT) merger has become binding as of today, VIT units will be delisted on October 22, 2018. The enlarged portfolio of ESR-REIT will then include 56 properties valued at S$3.0 billion, making it the fourth largest industrial REIT listed in Singapore.

ESR-REIT
Price0.520 SGD
NAV0.457 SGD
Yield (4 quarters)7.73%
Gearing39.0%