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Chinese tycoon eyes 60% of IReit Global's IPO

Published Thu, Jul 17, 2014 · 10:00 PM

[SINGAPORE] A Chinese tycoon plans to buy about 60 per cent of the initial public offering of IReit Global, a Singapore real estate investment trust that will invest in European properties, in his latest push to ramp up Reit investment in Singapore.

Rich Chinese investors have become increasingly interested in Singapore's Reits, admiring their stable returns and seeking alternatives to park their wealth, while the Chinese property market, where ma…

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Companies & Markets

Companies & Markets

Chinese tycoon eyes 60% of IReit Global's IPO

Companies & Markets

Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution

Nissan, Mazda roll out new models for China as they aim for comeback

South Korea readies new system to detect illegal short-selling

Axiata, Sinar Mas move closer to US$3.5 billion telco merger

Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

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