0340 GMT - Privatizations as well as M&A among Singapore REITs are likely to continue in 2H, RHB Singapore analyst Vijay Natarajan writes in a note. With Singapore REITs' valuations remaining dislocated compared with physical and private market transactions, there is a likelihood of other M&A plays, he writes. This could include IREIT Global, First REIT, Sabana Industrial REIT and Suntec REIT, he says. "We also understand that there are currently [three to four Singapore REITs IPOs] in the pipeline that are in advanced stages of listing by end-2025," he adds. These are in sectors including data centers, student and workers accommodation industrial and healthcare, Natarajan says. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
May 20, 2025 23:40 ET (03:40 GMT)
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