Leverage limit announcement for Reits won't come so soon: MAS
Singapore
SINGAPORE real estate investment trusts (S-Reits) and listing aspirants are seeking clarity on any amendment to leverage limits, so as to either better plan their capital structure or formalise their listing plans for 2020.
Ronald Tan, director of listings at the Singapore Exchange (SGX) told The Business Times that there are new Reit sponsors who have written to the Monetary Authority of Singapore (MAS), asking the central bank when it plans to implement the changes as they do not want their initial public offerings (IPOs) to get caught in the middle of the announcement.
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