Key facts
- The offering could raise at least S$1 billion ($780 million), according to people familiar with the matter.
- Mapletree said in a statement that it does not comment on market rumors.
- Mapletree is wholly owned by Singapore state investor Temasek Holdings Pte.
Mapletree Investments Pte, a real estate firm owned by Singapore state investor Temasek Holdings Pte, has picked banks for an initial public offering of parts of the company in the city state, according to people familiar with the matter. The offering could raise at least S$1 billion ($780 million), the people said, in a report published on November 4, 2026.
Asked to comment, a Mapletree spokesperson said: "As a matter of policy, we do not comment on market rumours. Any material information, should it arise, will be communicated through the appropriate channels."
The report did not name the banks selected, the parts of the company to be listed, or a timetable for the offering.