Mapletree Investments has selected Citigroup, DBS Group and Morgan Stanley to work on an initial public offering in Singapore covering part of the company, Bloomberg reported, citing people familiar with the matter who asked not to be identified. The offering could raise at least S$1 billion (about $780 million) and a listing could take place as soon as next year. Mapletree has not yet decided which assets would go into the listing, and no company or bank named in the report commented on it.
Mapletree said to pick banks for Singapore IPO
Mapletree Investments, the real estate group owned by Temasek, has picked Citigroup, DBS and Morgan Stanley for a Singapore listing of some of its assets that could raise at least S$1 billion, Bloomberg reported.
Why it matters: An offering of that size would be one of Singapore's largest listings in years and would give public investors a second route into Temasek's property holdings alongside the Mapletree trusts already listed.
Data as of Bloomberg reporting of November 3 to 4, 2026, read in full in this run. The report rests on unnamed people familiar with the matter, and neither Mapletree, Temasek nor the named banks commented in it. Developing item.
Sources
- Temasek's Mapletree Is Said to Pick Banks for Singapore IPO - Bloomberg - 2026-11-04