Yesterday’s announcement saw PRIME REIT divesting One Town Centre (OTC) at about 3% lower than its valued price at end 2023. As said in my earlier post, PRIME US REIT needs to sell 1 to 2 buildings to ensure the financial safety of the REIT. This has happened and I am confident the REIT can […]

source: https://thefinance.sg/2024/05/16/prime-us-reit-sale-of-01-building-makes-it-safe-and-management-confident-of-refinancing/