Mapletree plans to float 2 property trusts

Posted by property | Posted in Real Estate | Posted on 01-07-2010-05-2008

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Mapletree plans to float 2 property trusts
SINGAPORE: Mapletree Investments, a property firm owned by Singapore state investor Temasek, plans to float two real estate investment trusts, including what may be Southeast Asia’s largest REIT listing. Listings of property trusts are making a comeback in Asia as investors are lured by their high yields relative to bonds, recovering from the credit crisis. Malaysia’s Sunway REIT is raising …
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