Tesco Lotus seeks $442 million from public investors

Tesco's Thai property fund is offering 75% of its units to public investors, of which one-third are targeted at international accounts.

<div style="text-align: left;"> Tesco operates more than 900 stores in the country, from hypermarkets to convenience stores </div>

Anette Jönsson

February 21, 2012

The Thai unit of UK supermarket chain Tesco has set the terms for the initial public offering of a property fund that will include 17 malls anchored by Tesco Lotus stores. The management will start to meet domestic investors today and an international roadshow will follow next week.

Sign In to Your Account To 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.