Link REIT said to weigh Singapore IPO of non-Hong Kong, China assets
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Link Real Estate Investment Trust is considering a potential IPO in Singapore for its non-Hong Kong and China assets. Early discussions with advisers are ongoing, but the company may choose not to proceed. This move aligns with Link's strategy to diversify beyond property management, as it recently announced plans to expand into fund management. Despite a 27% rise in its market value to approximately US$13.7 billion this year, Singapore's IPO market has been sluggish, with only five companies going public in 2024.
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Source: The Edge Malaysia The copyright of this article belongs to the original author/organization.
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