No SM Prime REIT IPO coming to market this year

MANILA, PHILIPPINES — High-interest rates and market volatility have pushed back the plans of Sy-led property giant SM Prime Holdings Inc. to launch its real estate investment trust (REIT) this year, delaying what would be the country’s largest initial public offering (IPO). SM Prime president Jeffrey Lim on Tuesday said 2024 was “not the right Read The Rest at :

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