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Reit IPOs reign in Singapore, but more diversity welcome

98 per cent of the total S$3.06 billion across 11 deals raised this year came from four Reit and business trust listings

Published Thu, Dec 12, 2019 · 09:50 PM

SGX

Singapore

SINGAPORE initial public offerings (IPOs) raised more money in 2019 than a year ago, but more diversity would be welcome, with Reits dominating new listings and set to continue doing so.

IPOs on the Singapore Exchange (SGX) raised a total of S$3.06 billion across 11 deals this year, a marked improvement from 2018 when S$730 million was raised across 15 listings.

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