يحاول ذهب - حر
Malaysia's IOI Properties Plans Singapore REIT Listing by 2027
June 16, 2025
|The Straits Times
Move part of plan to monetise its assets and cut debt, says KL investment bank
Malaysia's IOI Properties Group is planning to list a real estate investment trust (REIT) in Singapore by 2027, as part of a plan to monetise its assets and cut debt, according to a Malaysia investment bank.
The REIT will include Singapore properties such as the South Beach mixed development and IOI Central Boulevard, which have an estimated combined valuation of $7 billion to $8 billion, wrote Hong Leong Investment Bank analyst Tan Kai Shuen in a June 11 report.
Citing intel from a meeting with IOI Properties chief executive Lee Yeow Seng, Mr Tan noted that the Singapore REIT listing is part of a two-pronged monetisation strategy that also includes a Malaysia REIT listing targeted for mid-2026, with assets valued at RM7 billion (S$2.11 billion) to RM8 billion.
هذه القصة من طبعة June 16, 2025 من The Straits Times.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Straits Times
The Straits Times
In China, AI finds deadly tumours that doctors may miss
Three days after Mr Qiu Sijun, a retired bricklayer in eastern China, went for a routine diabetes checkup, he received a call from a doctor he had not met before.
5 mins
January 14, 2026
The Straits Times
Trump vows 25% tariff on goods from Iran's 'business' partners
Move may disrupt major US trading ties across globe, hit China and India
3 mins
January 14, 2026
The Straits Times
HONG LOK GOLF CAN WIN FIRST G3
RACE 1 (1,200M) 10 Lucky Generations looks to get conditions more in his favour than last start at Sha Tin when he drew barrier 10 and was caught very wide without cover.
1 mins
January 14, 2026
The Straits Times
2025 another record year for Singapore's port as containers handled, vessel arrivals hit highs
Singapore's port handled 44.66 million shipping containers, or twenty-foot equivalent units (TEUs), in 2025 its highest on record - eclipsing the 41.12 million in the previous year.
3 mins
January 14, 2026
The Straits Times
AIC • Steps taken to help seniors navigate public spaces safely
We thank Ms Emily Yap Yong An for her letter “When help is just around the corner for lost seniors – at a minimart” (Jan 5), and agree that timely assistance and accessible touchpoints are important for seniors who may become disoriented or distressed in public spaces.
1 min
January 14, 2026
The Straits Times
Fed changes course and takes on Trump's political fight
Central bank chief calls out president in battle that could determine Fed's autonomy
5 mins
January 14, 2026
The Straits Times
Trump's Godfather plan for Greenland may be falling into place
Can NATO be counted on to protect Greenland after Ukraine's fall to Russia? US President Donald Trump is betting that the answer is no.
4 mins
January 14, 2026
The Straits Times
Japan's tea ceremony classes bear brunt of matcha boom as prices soar amid shortage
Tea ceremony classes in Japan are bearing the brunt of an acute shortage of matcha, as a recent global boom in green tea has led to soaring prices of the product.
2 mins
January 14, 2026
The Straits Times
When your hard workout morphs into overtraining syndrome
Most type-A gym rats can recall a time when they went too far.
4 mins
January 14, 2026
The Straits Times
Watchdog will step in if consumer welfare is compromised
It won't be 'hands off' even as market forces are allowed to play out, says Low Yen Ling
2 mins
January 14, 2026
Listen
Translate
Change font size