Skip to content
Subscriber Only

Mapletree Explores $1 Billion Student Housing REIT IPO

  • The Temasek unit is in initial talks with potential advisers
  • A listing in Singapore could take place as early as next year
Singapore Central Bank Holds Policy as City-State Returns to Growth
Photographer: Lauryn Ishak/Bloomberg

Mapletree Investments Pte, a property developer and manager, is exploring listing a student housing real estate investment trust in Singapore that could raise about $1 billion, according to people familiar with the matter.

The company, which is owned by Singapore’s state investment fund Temasek Holdings Pte, is in preliminary discussions with prospective advisers on the offering plan, said the people. An initial public offering could take place as soon as next year, one of the people said, who asked not to be identified as the information is private.