PETALING JAYA: IOI Properties Group Bhd
(IOIProp) will likely pursue a real estate investment trust (REIT) listing in the second half of 2026 (2H26), covering assets such as IOI City Mall Phases 1 and 2, offices, and hotels in Malaysia, with an estimated valuation of between RM7bil and RM8bil, says UOB Kay Hian (UOBKH) Research.
The research house said following the recent full acquisition of South Beach Development, management is also targeting a potential Singapore REIT listing in 2027, with combined assets from IOI Central Boulevard (IOICB) and South Beach Development and expected valuation at RM23bil to RM26bil.
