Asias business community is never slow to spot a trend and real estate investment trusts are certainly hot news. A trickle from the pipeline of early Reit offerings in Singapore and latterly Hong Kong earlier in 2005 threatens to become a torrent of new issues in 2006 as the regions property developers and investment banks line up to launch new vehicles for Asias yield-voracious investors.
In November, after a shaky start, Link Reit, the Hong Kong governments agglomeration of retail...