Thailand's DTGO Considering Placing Its UK Hospitality Assets in a New S-REIT

Market news —

Singapore could count a second UK-focused REIT if DTGO pulls the trigger on launching a new listed trust there:

The Bangkok-based company is in talks with potential advisers on the initial public offering of the REIT, which could raise about £200 million (8.3 billion baht), the people said. The UK hospitality assets involved could be worth about £500 million, said the people, who asked not to be identified as the process is private.