Publications

Investors - JULY 26, 2018

KBS Realty to consider $1b REIT IPO in Singapore

by Andrea Zander

KBS Realty Advisors is considering its second REIT listing in Singapore, according to Bloomberg.

The company aims to raise at least $1 billion from a potential sale of trust units backed by at least 15 prime commercial properties.

A possible initial public offering could take place in the fourth quarter.

In September 2017, KBS Realty Advisors announced plans to raise about $500 million via a Singapore initial public offering of some of its U.S. office assets.

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