Soilbuild Reit set to raise $360 million from IPO

The business space trust fixes the price at S$0.78 for a 7.7% yield after attracting good demand from long-only funds and real estate specialists.
Soilbuild trust focuses on industrial properties and business parks
Soilbuild trust focuses on industrial properties and business parks

Soilbuild Business Space Reit will raise S$457.5 million ($360 million) from its Singapore initial public offering after fixing the price at S$0.78 per share, a source said Wednesday.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media