Dasin Reit IPO: hoping to ride market momentum

Sentiment towards the S-reit sector has been improving. But is it just a dead cat bounce?

Dasin Reit IPO: hoping to ride market momentum
Shiqi Metro Mall, Zhongshan

Dasin Retail Trust has begun bookbuilding for Singapore's first reit IPO of 2017, hoping to become the fourth pure Chinese reit to list on the Singapore Stock Exchange. 

The Zhongshan-based retail group will have timed the deal well if it is able to take advantage of positive momentum towards the S-Reit sector, which has recently been rebounding from mid-November lows. 

The FTSE ST Reit Index is up 3.6% from a...

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