US grocery space player could add to S-Reit asset classes
United Hampshire US Reit believed to be aiming to raise up to US$400m
Singapore
THE sponsors of United Hampshire US Reit are looking to raise up to US$400 million from the Singapore market, and are on the lookout for cornerstone investors.
The Business Times understands that no meaningful range for a projected yield has been set yet, given the lack of precedence of the asset class in the real estate investment trust (Reit) sector here.
The firm's assets - a mix of grocery-led shopping centres and self-storage as…
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