After several quiet years, Singapore’s initial public offering (IPO) market finally showed signs of life in 2025. The Lion City led Southeast Asia’s (SEA) IPO market with US$1.6 billion raised in the first 10.5 months of the year, driven by two major REITs.1Government initiatives, stronger liquidity, and improved investor appetite contributed to this revival.What’s in store for 2026? We may get some clues from 2025’s IPO debuts.Centurion Accommodation REIT (SGX: 8C8U)Centurion Accommodation REIT (SGX: 8C8U) ...