The manager of Parkway Life REIT (PLife) announced on 3 May 2012 that the trust had registered fair growth across all indicators during the first quarter of FY12. After recording steady growth in its FY12 report card, the manager of Ascendas REIT intends to raise fresh funds through a private placement of around 150 million new units. SingTel Australian unit, Optus has announced that it had signed a binding memorandum of understanding (MOU) with Vodafone Hutchison Australia (VHA) and Vodafone Network on 3 May 2012.
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