Shares & Derivatives
MBS Retail REIT Possible?
By Investment Stab  •  May 9, 2016
Marina Bay Sands (MBS), owned by Las Vegas Sands is considering selling or sub-dividing MBS when its government-imposed moratorium expires in 2017. MBS parent Las Vegas Sands (LVS) was said to be considering selling its luxury mall either in full or a partially. Interest in buying MBS was said to be high because of its high profile and visibility in Asia. Shopping Centre Operators, Funds, Retail REITs and institutional investors from overseas are named as participants who might be interested in investing in MBS for global/Asia exposure. The possible price tag attached to MBS is US$4/5 billion base on an US$150 million operating income. Recommended Post: Consolidation of Singapore REITs While many expect the mall to be sold in full to large investors (Institutions or Funds), we think there might be a possibility for the mall to be listed as a Real Estate Investment Trust (REIT) on the Singapore Exchange. ......
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By Investment Stab
We are a group of Singaporean students who are curious and interested in Finance. As we dive deeper into this area in search of more knowledge, the more debates and differences we have. We also realised that financial literacy is not strongly inculcated in the younger generations, leading to numerous costly mistakes. Some of such includes believing in "high profiting" scams such as land banking and buying unnecessary investment schemes which are often motivated by the salesperson's personal interest ...
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