SM Prime eyeing 2025 REIT listing

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SY family-led property developer SM Prime Holdings Inc. (SMPH) is taking it slow with regard to the possibility of an initial public offering of its real estate investment trust, or REIT, but could push through with the listing next year amid easing interest rates.

“We’ll have to look into it again as interest rates are coming down,” SMPH President Jeffrey Lim told reporters earlier this week.

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