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

The unit price of Chinese logistics landlord EC World REIT fell by as much as 10% during the trading day on 8 April, amid lingering concerns over the REIT’s ability to continue operating.

A significant chunk of the trading volume is driven by market activity, though there were about 247,000 units of the REIT that changed hands via married deals.

EC World REIT has received a query from the Singapore Exchange (SGX) and among questions raised include its own board’s assessment on whether it can continue operating.

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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.