Preferential offering
Keppel Reit to buy HK Land’s one-third stake in MBFC Tower 3 for S$1.45 billion; launches S$886.3 million rights issue
Unitholders entitled to 23 units for every 100 existing units at S$0.96 each; acquisition to affect DPU
Investors should not avoid Reits over fears of dilutive equity raisings
Trust managers can drive growth with astute property purchases
Frasers Centrepoint Trust launches preferential offering at S$2.05 apiece
It will raise gross proceeds of about S$421.3 million
Keppel DC Reit launches preferential offering at S$2.03 apiece
It is on the basis of 86 preferential units for every 1,000 existing units
CICT’s preferential offering closes with 82% valid acceptances
A total of 377.3 million new units will be issued to raise gross proceeds of S$757.2 million
Elite Commercial Reit’s preferential offering closes with 61.3% valid acceptances
ELITE Commercial Reit has received valid acceptances of 61.3 per cent for its preferential offering of around 103.4 million new units.
Elite Commercial Reit launches fully underwritten preferential offering at £0.27 apiece
Elite Commercial Real Estate Investment Trust (Reit) launched a fully underwritten non-renounceable preferential offering at £0.27 per unit to raise about £28 million (S$47.2 million).
Aims Apac Reit preferential offering closes with valid acceptances of 69%; total applications at 200%
AIMS Apac Reit has received valid acceptances and excess applications of 204.1 per cent of the total number of new units available at the close of its preferential offering on Jun 22. Valid acceptance...
IReit Global launches fully underwritten preferential offering
EUROPE-FOCUSED real estate investment trust IReit Global has launched a preferential offering at a ratio of 161 preferential offering units for every 1,000 existing units at a price of S$0.408 per new...
Aims Apac Reit’s private placement closes at S$1.214 apiece
AIMS Apac Reit (AA Reit) has closed its private placement at S$1.214 per new unit, said its manager on Thursday (Jun 1).
