Reits

The proposed offering will be a key test for data centre financing in Asia

Policy encourages private capital to participate through funds and other market-based channels

Might other groups inject premier Singapore commercial properties into private platforms?

It will make its entry into the Republic by acquiring a 2.5% interest in Digital Loyang 2 for S$87.4 million

Exchange impact is partially offset by 16% lower property expenses

Its net property income is down 8.5% on the year to S$122.3 million for the quarter

This adds to its recently proposed acquisition of five logistics properties in the same area

Investors want the Reit to cut losses and accelerate exits in China, but its manager says it will not panic sell

Timing, size of the deal could change, depending on market conditions