ARA ASSET MANAGEMENT: IN-PRINCIPLE APPROVAL FOR CAPITAL MARKETS SERVICES LICENCE AND AUTHORISATION OF CACHE LOGISTICS TRUST AS AN AUTHORISED COLLECTIVE INVESTMENT SCHEME. See report.
Key Points
- MAS grants conditional in-principle approval to CLT manager in relation to application for capital markets services licence to conduct real estate investment trust management.
- MAS approves CLT as an authorised collective investment scheme.
We are one step closer to seeing the launch of Cache Logistics Trust, a new industrial Reit. The IPO should be imminent.
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