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Listed developers face hefty short-term debt

The 80 property firms on SGX have to pay S$23.5b within a year, amid record vacancies

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Published Fri, Oct 10, 2014 · 09:50 PM

Singapore

SINGAPORE'S listed developers and real-estate investment trusts (Reits) face their heaviest burden of near-term maturities on record just as home prices drop.

In their latest filings with Singapore Exchange (SGX), the 80 property companies on the bourse reported a combined S$23.5 billion of borrowings that have to be repaid within a year, Bloomberg-compiled data show.

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