REIT managers worried over BTS project difficulties

Only AREIT unveiled a project completion.

According to CIMB, as the land leases of industrial sites have been shortened to 30 years (from 60) coupled with the volatility in global markets, several REIT managers have warned of the increasing difficulty of engaging in BTS projects as their returns have been lowered by the shorter land tenures. 

For this reason, the number of BTS projects announced by the various industrial REITs under our coverage had dropped in 3Q13.

"During this period, only AREIT announced the completion of its BTS development at Nexus @ One-North, while no REITs indicated new upcoming BTS projects," CIMB said.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!