Property giant SM Prime Holdings Inc. may launch by 2022 what could be the largest real estate investment trust (REIT) offering in the country with a size of at least $1 billion, allowing the Sy family-led property developer to recycle capital from its mature properties to further expand the real estate empire.

Read more: https://business.inquirer.net/325811/not-to-be-outdone-sm-prime-may-yet-record-biggest-reit-ipo-worth-1b