ADS

Mbs Retail Reit Possible?

Marina Bay Sands (MBS), owned by Las Vegas Sands is considering selling or sub-dividing MBS when its government-imposed moratorium expires in 2017.

MBS parent Las Vegas Sands (LVS) was said to be considering selling its luxury mall either in full or a partially.
Interest in buying MBS was said to be high because of its high profile and visibility in Asia.
Shopping Centre Operators, Funds, Retail REITs and institutional investors from overseas are named as participants who might be interested in investing in MBS for global/Asia exposure.
The possible price tag attached to MBS is US$4/5 billion base on an US$150 million operating income.

Recommended Post: Consolidation of Singapore REITs

Next Hot Favourite Industries

So maybe, we might be able to see a MBS REIT listed on the SGX at the end of next year?
A luxury mall in Singapore's prime location with stellar performance!

Remember to offer your opinions. If you don't put your two cents in, how can you expect to get change?

Have a feedback? Tell us now!

Subscribe to us or
Follow us:  on Facebook

Subscribe to receive free email updates:

ADS