In today’s briefing:
- Placements Continue, SERT Buys Back Units
- REIT Watch – S-REITs fundraising continues uptrend in 2025, reaching S$4 billion for YTD
Placements Continue, SERT Buys Back Units
- Institutions were net buyers of Singapore stocks with S$250 million inflow, led by DBS Group and Sembcorp Industries.
- Keppel REIT raised S$113 million through a private placement to finance a 75% stake in Top Ryde City Shopping Centre.
- ASL Marine Holdings entered a placement agreement for 41,104,000 shares at S$0.1703 each to support business expansion.
REIT Watch – S-REITs fundraising continues uptrend in 2025, reaching S$4 billion for YTD
- S-REITs in Singapore have announced S$4 billion in equity fundraising in 2025, surpassing 2024’s S$2.9 billion.
- Primary market IPOs of NTT DC REIT and CAREIT raised US$824.1 million and S$816.1 million, respectively.
- Secondary market fundraising includes CapitaLand Integrated Commercial Trust’s S$600 million and CapitaLand Ascendas REIT’s S$500 million placements.
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