Why Asia is yielding a crop of reit and trust deals

Investors do well from follow-on yield plays as a flattening US yield curve and overseas M&A drives an uptick in activity.

Why Asia is yielding a crop of reit and trust deals

Asian equity markets are witnessing a mini renaissance in secondary offerings from Reits and trusts as market participates debate whether 10-year US Treasury yields have peaked temporarily at least.

As table 1 below shows, one of the most striking aspects of May’s secondary market activity across Asia ex-China was the dominance of yield plays from Singapore and Thailand, which accounted for six of the top 10 deals by size.

So far...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

EVENTS