K-REIT will be seeking approval at an EGM for a rights issue priced at 85c per rights unit. This is to partially fund the purchase of Ocean Financial Centre. Mr. Market does not like this whole deal and sold down the units to a low of 93c this morning.
What do I think? Well, the whole exercise is expected to be DPU accretive which is something investors for income want to see. DPU is expected to
