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Keppel-KBS US Reit to raise gross proceeds of US$553m

This marks the second US Reit to be listed in Singapore following the listing of Manulife US Reit

Singapore

KEPPEL-KBS US Reit, sponsored jointly by Keppel Capital and KBS Pacific Advisors, is expected to raise gross proceeds of US$553.1 million from its initial public offering (IPO) and sale of units to its sponsors and cornerstone investors at US$0.88...

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