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Minor International Plans $1.5 Billion Singapore REIT Listing to Fuel Global Hotel Expansion

Bangkok-listed Minor International plans to list a hotel real estate investment trust in Singapore by early 2026, targeting $1.5 billion in fundraising. The move is part of the company’s strategic shift toward an asset-light model while capitalizing on the post-pandemic travel recovery.

Major REIT Listing Planned for 2026

Minor International, the Bangkok-listed hospitality giant controlled by billionaire William Heinecke, reportedly aims to raise approximately $1.5 billion through listing a hotel real estate investment trust in Singapore during the first quarter of 2026, according to sources familiar with the matter. The planned IPO would represent one of the region’s significant hospitality sector transactions and is designed to help reduce the company’s debt burden while funding aggressive expansion plans.