The Singapore-based real estate investment trust, which will invest in properties used for industrial purposes including manufacturing, warehousing and distribution, had been offering the units at a price ranging from S$1 to S$1.30.
The institutional tranche, which accounted for 97% of the offering was two to three times covered, according to a source. It attracted orders from close to 50 investors in Asia and Europe, including Singapore, Hong Kong, the United Kingdom,...
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