RHB flags near-term pressure on ESR-REIT units
RHB Research’s Vijay Natarajan says ESR-REIT units may be weighed in the near term, citing that its second-largest tenant entered administration and is in arrears on rental payments (about 5% of rental income).
ESR-REIT's units may be weighed in the near term, RHB Research's Vijay Natarajan said in a report. The REIT recently said its second-largest tenant, which accounts for around 5% of rental income, has entered administration and is in arrears on rental payments, the analyst said.