A U.S.-based digital infrastructure firm is preparing for a potential real estate investment trust initial public offering in Singapore, targeting proceeds of roughly $1 billion.
SDC Capital Partners is in early-stage discussions regarding the REIT listing, which could take place as soon as 2025, according to people familiar with the matter. The company has engaged financial advisers to assist with the process, though final details such as the offering size and timing remain under review and may change.
REITs provide investors with exposure to commercial real estate portfolios through publicly traded shares. Singapore has become a prominent regional hub for such listings, attracting issuers seeking access to Asian capital markets.
The deliberations are ongoing, and no definitive decisions have been made regarding the IPO structure or execution timeline.
