SG to see sharp rise in deals to take hospitality, retail REITs private

SG to see sharp rise in deals to take hospitality, retail REITs private

Buildings stand illuminated at dusk in the central business district of Singapore, on Sunday, June 4, 2017. Photographer: Sanjit Das/Bloomberg via Getty Images

Deals to take private Singapore‘s real estate investment trusts (REITs) are expected to gain momentum as the companies reel under rising interest rates and fierce competition to buy assets, bankers and analysts said.