What's next for Stamford Land if it pivots away from hotels?
SINGAPORE-LISTED property players have been busy actively managing their portfolios, by exiting or reducing exposure to certain asset classes and geographies while expanding in segments and markets where returns may be better.
Mapletree Industrial Trust has been bulking up on data centres. Suntec Real Estate Investment Trust has been selling some Singapore office assets and buying offices in London. Ascott Residence Trust has added rental and student housing to its portfolio.
CapitaLand is divesting partial stakes in six of its Raffles City developments in China and has sold its last two retail malls in Japan, while actively growing its exposure to logistics and data centre assets.
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