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Manulife's Reit IPO in Singapore back on track
It is said to have begun pre-marketing for a targeted May 20 listing for the US office Reit and possibly raising a higher amount of US$500m
Published Wed, Apr 20, 2016 · 09:50 PM
Singapore
CANADIAN financial services group Manulife has started pre-marketing for an initial public offering (IPO) in Singapore of its US office Reit (real estate investment trust), a plan it had shelved for nine months due to market conditions.
It is now said to be aiming for a May 20 listing.
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