Stock to watch: ESR-Reit
[SINGAPORE] The following company saw new developments that may affect trading of its securities on Wednesday (Oct 7):
ESR-Reit, a real estate investment trust (REIT) manager, announced on Tuesday that it has recovered approximately 75% of outstanding arrears due to default in rental payments at some of its Australian properties. Following the announcement, units of ESR-Reit closed at S$2.04, which was flat compared to the previous day's trading.
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