S-REITs Raise S$4.5B as a New Acquisition Cycle Takes Shape
@SGX_Stars:
Real Estate Investment Trusts in Singapore (S-REITs) have continued to demonstrate robust fundraising activity in 2026, building on the strong momentum seen in 2025. For the year-to-Sept 10, S-REITs have raised at least S$4.5 billion via equity fundraising (EFR) exercises, more than the same period in 2025, which had been the strongest year for REIT primary and secondary fundraising since 2021. Leading the charts for 2026 is UI Boustead REIT’s initial public offering (IPO) in March, which raised over S$1 billion. The IPO saw strong demand from institutional and retail investors, with the offering 3.3 times subscribed. Over in the secondary market, larger S-REITs have led in terms of proceeds raised, with funds mainly channeled into acquisitions to strengthen portfolio scale and marke