Friday, 9 September 2016

Should investors tee off with Accordia Golf Trust?

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SINGAPORE (Sept 9): Whether Accordia Golf Trust (AGT) could gain a re-rating may rely on upon whether its accretive acquisitions appear as arranged, says CIMB Research in a Thursday report. 


The business trust, containing Japanese fairways as resources, is at present focusing on JPY 50 billion ($662 billion) worth of green acquisitions from its patron by end-March one year from now. The supporter, Accordia Golf Co, is a Japanese green administration organization with an arrangement of around 26 courses accessible for procurement.

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