Beijing Hualian aims to reopen S-Reit IPOs

The Chinese retail mall owner launches pre-marketing for an IPO that may inject some life back into Singapore's Reit sector.

Beijing Hualian aims to reopen S-Reit IPOs

Chinese retail mall owner Beijing Hualian Group BHG has launched pre-marketing for an initial public offering that could mark Singapore's first Real Estate Investment Trust Reit listing of the year.

DBS is sole sponsor for the IPO, which is being marketed under the name of BHG Retail Reit.

The bank has assigned a fair value of S$331 million to S$402 million $236 million to $287 million to the Reit, equating...

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