Suntec REIT's Suntec City

Suntec REIT’s properties are currently located only in Australia and Singapore but its manager has articulated intentions to acquire assets in other countries.

And the REIT will unlikely acquire more Singapore properties in the near term, given high property values in the city-state.

Suntec REIT presently either owns, or has stakes in five properties across Australia, and four properties in Singapore.

These include stakes in Suntec Singapore Convention & Exhibition Centre, Marina Bay Financial Centre Towers 1 and 2, and the Southgate Complex in Melbourne.

Related: Suntec REIT cuts losses at convention centre with closure extension

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.