S-Reit acquisitions up in September, but smaller deals signal weakening appetite amid uncertainty
DESPITE concerns over rising interest rates and a global economic slowdown, September has emerged as the most active month this year for acquisitions by Singapore-listed real estate investment trusts (S-Reits).
Seven proposed acquisitions were announced in September, adding to the 19 announced in the first eight months of the year.
This brings the total number of proposed acquisitions in the year to date to 26 – or around half the 50-odd asset acquisitions announced in 2021.
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