CitySpring Infrastructure Trust (“CitySpring”) is the first infrastructure trust registered with the Monetary Authority of Singapore (“MAS”). The trust currently invests in three assets which offer essential services of utility gas, desalinated water and transmission of electricity. These assets collectively provide CitySpring with long-term and regular cash flows into the future. The high predictability and stability of the cash flows arising from the long-life assets provides strong support for more stable distributions as compared to other traditional asset classes. In addition, the fundamentals underpinning the infrastructure sector remain firm, notwithstanding the current volatility in the macro-economic environment, as these assets remain well in demand for supporting the economic and industrial development of a country. The Asian Development Bank has projected that Asia (excluding Japan) could invest about US$200 billion per annum over the next few years to finance new infrastructure investment and maintain existing facilities. This puts CitySpring in a strong position to capitalise on the acquisition opportunities of this sector, to complement the organic growth arising from its existing assets.
CitySpring Infrastructure Trust is a participant in the SGX Research Incentive Scheme. Investors can read research reports under the Scheme by visiting the SGX website at http://research.sgx.com