boustead singapore

UI Boustead Reit closes 8.5% below IPO price amid broader market retreat

It is the first 2026 mainboard listing, and follows a strong offering pipeline in 2025

UI Boustead Reit comprises 23 properties in Singapore and Japan, with a portfolio valued at S$1.9 billion.

UI Boustead Reit launches S$1.2 billion IPO at S$0.88 per unit

Following the offering, the trust will have a total market capitalisation of S$1.95 billion 

Boustead’s specific divestment involves selling its interests in various industrial assets to the Reit.

Boustead gets SGX nod for Reit listing, eyes S$154.6 million gain from divestments

The initial portfolio of UI Boustead Reit will have 23 properties valued at about S$1.9 billion

Boustead Singapore’s real estate and fund management business in Vietnam remains a “continual area of focus” for the company.

Boustead Singapore tweaks deal with Unified Industrial to retain control of Vietnam business

This allows the company to better manage its real estate and fund management business in one of Asean’s fastest growing economy

The real estate investment trust unit of Boustead Singapore will begin taking investor orders as soon as next month, sources say.

UI Boustead said to seek US$700 million Singapore IPO in March

The real estate investment trust unit of Boustead Singapore will begin taking investor orders as soon as next month

The company faces a "very challenging operating environment", says its chairman and group chief executive Wong Fong Fui.

Boustead posts 3% drop in H1 net profit as US tariffs moderate energy sector activities

The board nevertheless declares an unchanged interim cash dividend of S$0.015 per share

Boustead did not disclose contract value nor the customer’s name, and only said that the facility is near the Wafer Fab Park and Tampines Town Centre.

Boustead bags design-and-build deal for semiconductor facility

The contract comprises additions and alterations works to reconfigure an existing chip material manufacturing plant

Metro Holdings says there is no certainty that a transaction would materialise in respect of the group's interests from these discussions.

Metro Holdings says ‘no definitive agreement’ entered on Boustead Singapore’s proposed divestments

The group holds 26% of the units in the Boustead Industrial Fund through its indirect wholly owned subsidiary Metrobilt Construction

The total gross floor area of all 23 properties is about 5.9 million square feet (sq ft), with a net lettable area of some 5.3 million sq ft.

Boustead’s proposed Reit listing has portfolio value of S$1.9 billion

The portfolio will comprise 23 logistics and industrial properties – 21 in Singapore and two in Japan