$EC WORLD REIT(BWCU.SI)$ divestment is expected in order to reduce debt by 25%. NAV will drop. Hope fully once the onshore loan extended. This issue will resolved finally and hope both onshore and offshore can reduce loan interest rate. Good thing in disguise is though dpu is down, nav is reduced but financial status will strengthened with lower gearing and higher interest coverage. Just wait how is the impact of dpu announce if 2 asset divestment. Luckily the two with rental 2%escallation annually not sold and hope management will have new plan for future organic growth..
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