Return of the Reits? Singapore’s IPO scene set to come alive after subdued year
However, industry watchers remain cautious as the incoming Trump administration’s policies may keep inflation up, slowing pace of rate cuts
SINGAPORE’S status as a real estate investment trust (Reit) stronghold is likely to result in higher initial public offering (IPO) activity next year, as possible rate cuts will encourage new Reit listings on the Singapore Exchange (SGX).
To be sure, industry watchers remain cautious amid the return of Donald Trump as president of the United States, which may result in the US Federal Reserve cutting rates at a slower pace.
For the year to Dec 17, Singapore welcomed four new listings on the Catalist board. There were no mainboard listings. The companies raised a total of S$45.9 million, according to bourse data.
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