General Announcement::News Release: SGX Stock Exchange welcomes UI Boustead REIT to Mainboard

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
12-Mar-2026 14:30:41
Status
New
Announcement Sub Title
News Release: SGX Stock Exchange welcomes UI Boustead REIT to Mainboard
Announcement Reference
SG260312OTHRGGRP
Submitted By (Co./ Ind. Name)
Belle Yeo
Designation
Vice President
Description (Please provide a detailed description of the event in the box below)
SGX Stock Exchange today welcomed the listing of UI Boustead REIT on its Mainboard under stock code "UIBU".

UI Boustead REIT is a logistics, industrial and business space real estate investment trust (REIT) with a high-quality initial portfolio located in Singapore and Japan. Focused on investing in logistics, high specifications industrial and business space assets, as well as real estate-related assets across the Asia Pacific region, the REIT's initial portfolio comprises 21 leasehold assets in Singapore and two freehold assets in Japan with a total agreed property value of approximately S$1.9 billion as at 30 September 2025. The REIT is sponsored by UIB Holdings Limited - a Pan-Asian logistics and industrial real estate platform formed through the combination of Unified Industrial and Boustead Projects' real estate business - which has a track record of about US$7.7 billion in transactions and 37.5 million square feet of gross floor area across Singapore and Japan.

Tan Shu Lin, Chief Executive Officer, UIB REIT Management Pte. Ltd., said, "We are heartened by the strong support from investors throughout the IPO. Despite ongoing macroeconomic volatility, the successful listing reflects confidence in the quality of our portfolio and ability to generate stable and resilient cashflows with secured organic growth from built-in rental escalations, as well as a clear visible pipeline of opportunities to grow the portfolio. Today's listing marks an exciting start for UI Boustead REIT. With the strong backing of our Sponsor, we have a clear and differentiated growth strategy, providing for a solid foundation as UI Boustead REIT begins our journey on the SGX Mainboard."

Pol de Win, Head of Global Sales and Origination, SGX Group, said, "Singapore has developed one of the most established REIT markets in Asia, with a deep investor base, clear regulatory framework and a long track record in supporting regional real estate portfolios. UI Boustead REIT reflects how sponsors continue to leverage this ecosystem to bring cross-border assets to market and access long-term capital."

With the listing of UI Boustead REIT, there are now 42 REITS and property trusts listed on SGX with a combined market capitalisation of over S$100 billion.

UI Boustead REIT opened at S$0.805 today.

Attachments

20260312 SGX Stock Exchange welcomes UI Boustead REIT.pdf
Total size =290K