The latest announcement is out from EC World Real Estate Investment Trust ( (SG:BWCU) ).
EC World Real Estate Investment Trust has announced new property management agreements following a tender process. Hangzhou Wangcheng Property Service Co., Ltd. has been appointed as the new property manager for several assets, while Hangzhou Chonghang Port Supply Chain Co., Ltd. will manage the port assets, replacing the previous operator. These changes are expected to enhance the management and operational efficiency of EC World REIT’s properties, potentially impacting its market positioning and stakeholder interests positively.
More about EC World Real Estate Investment Trust
EC World Real Estate Investment Trust is a real estate investment trust established under the laws of Singapore, focusing on logistics and e-commerce properties. The company manages a diverse portfolio of assets, including warehouses and logistics facilities, primarily catering to the growing e-commerce sector.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$226.8M
For detailed information about BWCU stock, go to TipRanks’ Stock Analysis page.