Market is pretty clear minded as unit price of ESR REIT went up while unit price of ARA Logos came down after the proposed merger was announced. So, whether the deal is good or not would depend on where investors stand. This proposed merger of ESR-REIT and ARA Logos is good for the former and not so good for the latter. In the case of AIMS APAC REIT, I am not too worried because we have Mr. Sabana REIT has some pretty vocal activist investors who will, in the process of protecting their interest, help to protect the interest of minority unitholders. "Predatory" is a pretty strong word but somehow it feels apt. Still overall, SG REITS returned more than the rest of the STI excluding banks This plus the repeated dilution of equity base following acquisitions is the main problem with REITs here Even AIMS AMP is under the radar of a few big fish, including ESR We can either sell and encash or grit our teeth and hope for the best There is very little small investors can do in the context of predatory moves like this. I got the same sentiment as you! I hold both but fortunately not a very big holding of ARA
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