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.
TRENDING NOW
If Europe goes to war, the fallout will be felt in East Asia
COE review: Motor traders suggest using vehicle length, engine size and power to classify cars
Firms linked to haze pledge cooperation in meeting with Shanmugam; government to table changes to haze law
Indonesia stocks suffer worst plunge in nearly 30 years as MSCI proposes standalone status