What's next for Stamford Land if it pivots away from hotels?
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
