CDL mulls Singapore Reit for UK commercial properties
Kalpana Rashiwala
Singapore
CITY Developments Ltd (CDL) is exploring the possibility of floating a real estate investment trust (Reit) on the Singapore bourse holding UK commercial properties. This could happen as early as this year.
The group currently owns Aldgate House and 125 Old Broad Street in Central London.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
In a world of long-drawn crises, ‘wait and see’ may be a decreasingly tenable stance
SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares
The returnees: Inside China’s AI talent reversal