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An announcement from Suntec Real Estate Investment ( (SG:T82U) ) is now available.
Aelios Pte. Ltd. has made a mandatory conditional cash offer to acquire all the issued and outstanding units of Suntec Real Estate Investment Trust, excluding those already owned by the offeror and its concert parties. The offer price has been revised to S$1.19 per unit, reflecting a strategic move for Aelios to strengthen its position in the Singaporean real estate market, potentially impacting stakeholders and altering market dynamics.
More about Suntec Real Estate Investment
Suntec Real Estate Investment Trust is a real estate investment trust established in Singapore on November 1, 2004. It focuses on investment in income-producing real estate, primarily used for retail and office spaces.
YTD Price Performance: 1.72%
Average Trading Volume: 1,145
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.58B
For a thorough assessment of T82U stock, go to TipRanks’ Stock Analysis page.
