Market Chatter: Schroders Reportedly Puts Singapore Mall Up for SG$220 Million Sale

11:53 PM EST, 11/08/2026 (MT Newswires) -- Schroders (SDR.L) is reportedly looking to sell the Wisteria Mall in Singapore in a potential SG$220 million deal, Bloomberg News reported Nov. 7, citing people familiar with the matter. The British asset manager, which acquired the property through its Pamfleet Real Estate Fund III in 2022, is said to have appointed property brokers Knight Frank and Savills to manage an expression-of-interest process expected to close in late November 2026. The mall has a 93% occupancy rate, according to the report. The proposed sale follows Schroders' previous plan to divest a hotel in Singapore that it co-owns with TPG Angelo Gordon, the report added. Schroders, Knight Frank, and Savills did not immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)