Industrial Reits

Industrial Reits: Ascendas Reit (A-Reit), Mapletree Industrial Trust (MINT), Soilbuild have been shortlisted to take part in the final round of bidding for JTC Corp's flatted factories and amenity centres (>300k sm in total), earlier tipped to be worth $600-650m. Shares of the two industrial Reits may see interest as the final submissions for both tranches of properties draws to a close next wk. Tender results are due Sep/ Oct.