Mapletree planning up to 2 Reit listings in next five years
The group currently has private funds and balance sheet assets in student housing, data centres, logistics facilities, corporate housing and offices overseas
Add BT as a preferred source
Singapore
MAPLETREE Investments is planning to launch up to two more real estate investment trusts (Reits) in the next five years, amid what it perceives to be still-healthy demand for Reit initial public offerings (IPOs) on the Singapore bourse.
While Mapletree Group CEO Hiew Yoon Khong did not specify what asset classes or geographies these Reits would focus on, he said Mapletree has established itself in student accommodation in the United Kingdom (UK) and the United States (US), data centres in the US, logistics facilities in Europe and the US, corporate housing in the US, as well as the European office sector. (see amendment note)
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
As luxury retail goes big, can Singapore’s Orchard Road keep up?
