Suntec REIT Appoints KPMG as Independent Adviser for Aelios Offer

MT Newswires

2024-12-19

Suntec Real Estate Investment Trust (SGX:T82U) has appointed KPMG Corporate Finance as its independent financial adviser for the mandatory cash offer by Aelios, represented by UOB (SGX:U11) and DBS (SGX:D05), according to a Wednesday filing on the Singapore Exchange.

Suntec REIT holds a portfolio of properties in Singapore, Australia, and the UK. Aelios earlier offered to buy the rest of Suntec REIT at SG$1.16 per share, which values the REIT at SG$3.39 billion.

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