QUOTE(demetry @ Nov 22 2017, 03:47 PM)
noted. so in this case, igbreit will need to issue more shares either private placement or right issues to get more capital to invest on other property to increase its share value?
Yes, due to the fact reit always distributed 90% or more on their profit/cashflow made, little money is left inside, so whenever they want to inject/buy new property, they need to raise money through private placement/right issue, or bank borrowing.Reit bank borrowing is subjected to SC limitation of 50% of Reit asset value.