Sorrento Towers (Prime US REIT)Sorrento Towers (Prime US REIT)

The unit price Prime US REIT finished the trading day on 19 December about 11.7% higher from its previous close on higher-than-usual market activity.

These activities include a mix of regular transactions and married deals.

Prime US REIT is a Singapore Exchange (SGX)-listed REIT that owns a portfolio of US office assets.

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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.