Gerry Chan, CEO of CLCT's manager says that listing CLCR is an opportunity for CLCT to enter the expanding C-REIT market.
"It provides a platform to unlock value from our mature assets, bolstering our financial flexibility to pursue income diversification and enhance portfolio quality.
"This aligns with our growth strategy as a diversified, multi-asset class REIT, anchored by a broad portfolio of retail properties, business parks, and logistics parks, while CLCR will focus on retail assets," he adds
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