PERENNIAL CHINA RETAIL TRUST NEW IPO
Perennial China Retail Trust (“PCRT”) is Singapore’s first pure-play PRC retail development trust listed on the Main Board of the SGX-ST. The Trustee-Manager’s key objective is to provide unitholders of PCRT with (i) long-term capital growth from a steady growth in net asset value through acquiring attractively-priced predominantly-retail development projects and the on-going value creation of PCRT’s assets and (ii) regular distributions from the income of its completed and stabilised assets.
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