US digital infrastructure firm SDC Capital Partners is planning a real estate investment trust listing in Singapore that could raise about $1 billion, according to people familiar with the matter.

The potential Singapore REIT IPO represents a significant move for the firm, which has been actively expanding its digital infrastructure footprint globally. The listing would provide investors with exposure to high-quality digital assets backed by long-term contracts.

Sources indicate that the IPO could launch as early as next year, though details remain subject to market conditions and regulatory approvals. The transaction would mark one of the larger REIT offerings in the Asian digital infrastructure space.

Representatives for SDC Capital did not immediately respond to requests for comment. The company has been a notable player in the digital infrastructure sector, with investments spanning data centers, fiber networks, and telecommunications assets.