JD.com-Backed Group Is Said Near to REIT IPO Filing in Singapore

AI Summary

A group supported by JD.com and Switzerland’s Partners Group Holding AG is preparing to file confidentially for an initial public offering of a real estate investment trust (REIT) in Singapore. This IPO activity signals growing investment interest in Singapore’s real estate sector.

A group including JD.com Inc.’s asset management arm and Switzerland’s Partners Group Holding AG is preparing to file confidentially for an initial public offering of a real estate investment trust in Singapore, people with knowledge of the matter said.