REIT IPOs may not fare well in Hong Kong, Singapore markets

06/18/2013 | Wall Street Journal, The

A recent sell-off in the Hong Kong and Singapore markets hints at trouble for the two REITs that are eyeing initial public offerings in the coming months -- New World Development and Overseas Union Enterprise. In addition, these offerings will be backed by hotels. Fund managers speculate these REITs will have to offer higher dividend yields.

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Wall Street Journal, The

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