EC World REIT has come forward to address concerns over its ability to continue existing as a Singapore Exchange (SGX)-listed REIT.
The REIT, which is presently at risk of breaching its debt obligations, has committed to divesting two of its assets to partially repay its outstanding loans.
EC World REIT is a Singapore-listed but China-focused REIT, with a portfolio of logistics assets largely tuned for e-commerce companies.
Related: EC World REIT to receive sponsor’s funds for debt repayment as COVID snags divestment plans
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