MI-Reit – BT
MI-Reit’s 8 properties revalued up 2.1%
MacarthurCook Investment Managers (Asia) Limited, the manager of MacarthurCook Industrial Reit (MI-Reit), said eight of its properties have been revalued at S$212.5 million on Nov 15, 2008, up 2.1 per cent from S$210.4 million a year ago.
The revaluations have increased MI-Reit’s total portfolio value to S$559.9 million on Nov 15, 2008.