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
Price2.740 SGD
NAV2.610 SGD
Yield (4 quarters)7.74%
Gearing43.3%