Mapletree planning up to 2 Reit listings in next five years

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)