US digital infrastructure investor SDC Capital Partners is considering a Singapore real estate investment trust listing that could raise about $1 billion, Bloomberg News reported Wednesday, citing people familiar with the matter.
The firm is working with advisers on the potential initial public offering, which could take place as soon as next year, the people said.
Discussions are ongoing, and the size and timing of the listing could change, according to the report.
SDC Capital did not immediately respond to MTNewswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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