Reits with data centres and hospitals among upcoming IPOs: SGX

Quick Summary:

S-Reits are set to outperform, say industry players.

Mr Matthew Song, head of capital markets at the Singapore Exchange (SGX), said he was confident that the S-Reits sector would attract fund flows again with the US Federal Reserve expected to cut its key policy rate from September.

Mr Koh Wee Lih, chief executive officer of Keppel Reit, said its $9.6 billion portfolio of prime commercial assets across the region have enjoyed 97 per cent to 99 per cent occupancy, unlike what office Reits in the US are facing.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: S-reits Been Office Singapore’s Reit Market Sector Singapore Cent Recovery Growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 14:25:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 1049 words

Reading Time: 6 minutes read

Sentences: 37 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22304976

View Article Analysis

About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 8 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

Frequently Asked Questions