BMW China R&D Center, GLP I-Park Shunyi, a possible asset that will be included in the GLP New Economy REIT (Photo: GLP)

The planned initial public offering (IPO) for the GLP New Economy REIT has been shelved, multiple sources close to the matter have confirmed with REITsWeek.

A pre-deal investor education (PDIE) programme for the REIT ran from 21 April to 4 May.

Following that, the initial plan was to lodge a final prospectus with the Monetary Authority of Singapore (MAS) on 5 May 2022.

Dear members, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.