Singapore
SINGAPORE Exchange (SGX) is seeing "very healthy" mandates for initial public offers (IPO) in the coming months - including possible billion-dollar Reits.
In addition to real estate investment trusts (Reits), the potential aspirants come from sectors the exchange has been actively marketing to the last couple of years. These include the consumer, healthcare and technology sectors, Chew Sutat, SGX's head of equities and fixed income, told The Business Times (BT) in a recent interview.
"There is talk of more US Reits coming. I would say I am fairly optimistic that there will be billion-dollar Reits from the west listing in Singapore,'' Mr Chew said.
"What we are starting to see and also excited...