CDL reported to have filed for $936.6 mil REIT IPO

The Edge Singapore
The Edge Singapore6/3/2021 11:15 PM GMT+08  • 1 min read
CDL reported to have filed for $936.6 mil REIT IPO
HSBC's London HQ might be part of this REIT's portfolio
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Photo: Bloomberg

City Developments Ltd has filed an application with the Singapore Exchange to launch the IPO of a REIT.

The developer is looking to raise around 500 million pounds ($936.6 million) from this IPO, reported Bloomberg, citing unnamed sources.

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