6/17/2010

HSBC is predicting an increase in REIT initial public offerings in the Asian region during the next three to four years. Singapore, in particular, will see more activity, with at least 20 additional REIT IPOs projected to list there, says Jason Kern, managing director and head of real estate advisory for Asia Pacific at HSBC. The pace already is picking up, with the listing of Cache Logistics Trust in Singapore and Sunway City in Malaysia.

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