A property in the initial portfolio of Prime US REIT. (Photo: Prime US REIT)

Data from Prime US REIT’s latest update are now in the Singapore REITs table.

Prime US REIT is looking to expand its portfolio beyond the nine US states it currently operates in.

The REIT has also named several candidate cities in which it is currently looking at possible acquisitions.

These plans were laid out by the CEO of the REIT’s manager, Barbara Cambon, in an event on 6 November during which she also provided operational updates for 3Q 2020.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.