Minor Delays Plan for $1 Billion Hotel REIT
Minor International has delayed its planned hotel REIT listing on the Singapore Stock Exchange due to macroeconomic uncertainty, particularly inflation, interest rates, and geopolitical risk. The REIT, valued at roughly $1 billion, was originally expected to launch around mid-2025. Despite the delay, Minor reaffirmed its growth targets of 15-20% annual profit growth through 2028 and expanding its portfolio from 636 to 850 hotels by 2029.
Impact and considerations
Minor's REIT delay reflects market conditions affecting hotel asset securitization, potentially impacting its expansion funding, but the company maintains growth targets, showing long-term confidence.
Key points
- Minor International delayed its Singapore hotel REIT IPO due to macroeconomic uncertainty, with the REIT valued at ~$1 billion.
- Singapore was chosen over the U.S. for more attractive REIT yields (6-7% vs 12-13%).
- Despite the delay, Minor maintains 15-20% annual profit growth target and expansion to 850 hotels by 2029.
Sources and time
- Primary source
- Skift
- Other sources
- 0
- First source publication
- 14 Aug 2026, 00:08
- Page published
- 14 Aug 2026, 08:07
- Last updated
- 14 Aug 2026, 00:08
- Original links
- Skift Feed：Minor Delays Plan for $1 Billion Hotel REIT (opens in a new tab)Primary source · en · Published 14 Aug 2026, 00:08