A Macau businessman unloads a set of Singapore shophouses at a discount to their decade-earlier purchase price, with that deal leading today’s headline roundup. Also making news, WeWork India gets the nod for an IPO and Singapore’s Far East Hospitality… Read More>>
The Living Company Buys Sydney Site for $21M and More Asia Real Estate Headlines
Australia’s The Living Company expands its student housing portfolio with the purchase of a Sydney redevelopment site, with that deal leading today’s headline roundup. Also making the list, the public tranche of NTT DC REIT’s IPO sees heavy demand and… Read More>>
NTT DC REIT Closes Flat in Singapore Trading Debut After $773M IPO
NTT DC REIT’s units opened 2 percent higher in their first day of trading on the Singapore Exchange, reaching an intraday peak of $1.03 before easing to close Monday’s session in line with their offer price of $1.00.
The units’… Read More>>
NTT Data Centres Seeks to Raise $773M in Biggest Singapore REIT IPO in a Decade
Japan’s Nippon Telegraph and Telephone Corp on Monday filed a prospectus with Singapore’s central bank for NTT DC REIT, aiming to raise gross proceeds of $773 million from the initial public offering of the SGX-listed data centre trust.
The Lion… Read More>>
NTT Data Centre REIT IPO Aims to Raise $864M on SGX and More Asia Real Estate Headlines
Japan’s NTT seeks to raise $864 million from a data centre REIT IPO in Singapore, with that story leading today’s headline roundup. Also in the news, Star Entertainment’s Hong Kong investors threaten to terminate a casino deal and Indian builder… Read More>>
Japan’s NTT Files Draft Prospectus for Potential $1B Singapore Data Centre IPO
Singapore’s biggest exchange listing of the current decade could be on the way next month with Japan’s Nippon Telegraph and Telephone Corp having filed a preliminary initial public offering prospectus for a data centre real estate investment trust.
Documents made… Read More>>