![](https://i.imgur.com/CLvY2jA.png")
Yesterday, 10:48 PM
A new list of Real Estate Investment Trust (REIT) is on the S'pore Exchange (SGX)
SINGAPORE: Singapore-based Centurion Corporation announced plans to list a Real Estate Investment Trust (REIT) on the Singapore Exchange (SGX) Mainboard on June 11. This can catalyse more initial public offerings (IPOs) in Singapore’s stagnant share market.
Subsequent to the announcement, Centurion’s shares rose 3.4% to S$1.53 on June 11, a record high. About 2.4 million shares of company changed hands, indicating strong investor interest. The SGX, Monetary Authority of S'pore (MAS) are currently reviewing Centurion’s submissions. The decision to list the REIT comes amid MAS efforts to boost share sales and liquidity in Singapore’s equity market.
The proposed REIT is backed by DBS Group and UBS. It has a portfolio of 37 accommodation assets, which includes 69,929 beds as of March 31, 2025. Focused on student & worker housing, to capitalise on S'pore’s infrastructure growth & the post-pandemic surge in student enrollment.
SINGAPORE: Singapore-based Centurion Corporation announced plans to list a Real Estate Investment Trust (REIT) on the Singapore Exchange (SGX) Mainboard on June 11. This can catalyse more initial public offerings (IPOs) in Singapore’s stagnant share market.
Subsequent to the announcement, Centurion’s shares rose 3.4% to S$1.53 on June 11, a record high. About 2.4 million shares of company changed hands, indicating strong investor interest. The SGX, Monetary Authority of S'pore (MAS) are currently reviewing Centurion’s submissions. The decision to list the REIT comes amid MAS efforts to boost share sales and liquidity in Singapore’s equity market.
The proposed REIT is backed by DBS Group and UBS. It has a portfolio of 37 accommodation assets, which includes 69,929 beds as of March 31, 2025. Focused on student & worker housing, to capitalise on S'pore’s infrastructure growth & the post-pandemic surge in student enrollment.
