SINGAPORE, Aug 28— JD Property, the investment arm of Chinese e-commerce giant JD.Com, is partnering with Swiss investment firm Partners Group and EZA Hill Property to launch a Singapore-based real estate investment trust (REIT) valued at over US$1 billion (RM4.23 billion), sources told Reuters. The REIT, potentially one of Singapore’s largest new listings in over a year, could debut on the Singapore Exchange as early as 2026. The consortium recently acquired four logistics assets from CapitaLand Ascendas REIT for S$306 million, with the portfolio expected to form part of the new REIT’s assets. The move signals growing Chinese capital influence in Southeast Asia’s property sector, amid a tentative revival in Singapore’s REIT market following a slowdown since 2021. The partners aim to expand across Southeast Asia through future acquisitions.
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