A pair of Singapore REIT listings — NTT DC REIT and Centurion Accommodation REIT — combined for nearly 79% or more than US$1.42 billion of funds raised for the real estate sector. The two deals were also the two largest in southeast Asia by amount raised.
A study by Deloitte has revealed that real estate listings led in IPO funds raised for the first 10.5 months of 2025 in southeast Asia.
Collectively, nine IPOs of real estate and real estate investment trusts, or REITs, raised around US$1.8 billion ($2.24 billion), representing 33% of total IPO proceeds.
