REIT
Coverage of REIT in the Nexus archive.
- Thai Hotel Giant Minor International Delays $1 Billion REIT Plan
Minor International Pcl, noted as Thailand’s biggest hotel and restaurant operator, has postponed plans for its first real estate investment trust (REIT). This planned REIT was valued at approximately $1 billion. The company made this decision due to deteriorating market conditions.
- JD.com-Backed Group Is Said Near to REIT IPO Filing in Singapore
A JD.com-backed group is nearing a REIT IPO filing in Singapore. The article mentions Singapore's city skyline but provides no additional details.
- Argentina Tries to Build a Mortgage Market From Almost Nothing
Argentina's Economy Minister Luis Caputo is pushing banks and brokers to create a real-estate fund to revive home lending, modeled after a real-estate investment trust (REIT). However, most Argentine home buyers still pay cash, and mortgage-backed sales have declined.
- Philippines’ PLDT Seeks Up to $400 Million From REIT Listing
PLDT Inc. is seeking up to $400 million through a Real Estate Investment Trust (REIT) listing. The company's headquarters are located in Makati City, Metro Manila, Philippines.