EC World REIT property, Hengde Logistics. (Photo: EC World REIT)EC World REIT property, Hengde Logistics. (Photo: EC World REIT)

The unit price of EC World REIT has fallen by as much as 4% at the start of the trading day on 29 December, driven by a large volume of married deals.

The REIT announced late on 28 December that a consortium of potential purchasers are no longer interested to acquire its assets.

EC World REIT first disclosed in mid-2021 that the Forchn International-led consortium was looking to procure all the assets in the REIT's portfolio.

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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.