Singapore also ranked 7 in Asia ex-Japan in 2018 in terms of funds raised, far behind Hong Kong with $35 billion and even Vietnam with $2.6 billion.
SINGAPORE (Mar 6): Maybank Kim Eng Research says setting up an Airport REIT could be another way of financing Changi Airport’s expansion – which includes a new Terminal 5 and a third runway – costing “tens of billions of dollars”.
Such a REIT could also help revive what has been a moribund period for the Singapore Exchange. Last year, IPO proceeds raised amounted to US$512 million, down 85% from the previous year.
