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.