Prime US REIT included in MSCI Singapore Small Cap Index
Prime US REIT has been included in the MSCI Singapore Small Cap Index as of 26 November, the U.S. office REIT said in a filing to SGX Monday.
Prime US REIT has been included in the MSCI Singapore Small Cap Index as of 26 November, the U.S. office REIT said in a filing to SGX Monday.
Prime US REIT reported Tuesday net property income for the 19 July to 30 September period was US$17.91M, 2.8% above its IPO forecast.
Maybank KimEng started Prime US REIT at Buy pointing to its diversified portfolio of U.S. office properties with steady income growth potential.
Prime US REIT became the latest U.S.-focused REIT to stumble on its trading debut on Singapore Exchange Friday.