Singapore's Aelios hikes offer to buy Suntec REIT

Suntec Real Estate Investment Trust

08/01/2025 13:36

Jan 8 (Reuters) - Singapore's Suntec Real Estate
Investment Trust  SUNT.SI  said on Wednesday that investment
holding firm Aelios has increased the offer price to buy the
shares of the REIT it does not already own, valuing Suntec at
S$3.48 billion ($2.54 billion).

 ($1 = 1.3689 Singapore dollars)

 (Reporting by Sherin Sunny in Bengaluru; Editing by Shounak
Dasgupta)
 ((Sherin.Sunny@thomsonreuters.com))