A preferential offering by Lendlease Global Commercial REIT suffered a rare setback on the Singapore Exchange late last week, with investors taking up just 62.2 percent of the S$196.6 million ($153 million) placement in the face of ongoing uncertainty caused… Read More>>
Macquarie-Sponsored UI Boustead REIT Wins Eligibility Nod for Singapore IPO
UIB Holdings Ltd, a Macquarie Asset Management-controlled fund manager, is a step closer to an initial public offering of its sponsored UI Boustead REIT after receiving an eligibility-to-list letter from the Singapore Exchange.
As part of the process, Boustead Singapore… Read More>>
Singapore’s The Assembly Place Leaps 26% in Trading Debut as Rental Residential Heats Up
Shares of The Assembly Place made a strong trading debut Friday on the Singapore Exchange’s Catalist board, leaping 26.1 percent to close at S$0.29 ($0.23).
The co-living operator’s stock began trading at 9am under the symbol TAP and soared 34.8… Read More>>
Singapore’s LHN Seeks to Raise $78M From IPO of Co-Living Unit Coliwoo
LHN Group on Tuesday filed a prospectus for the listing of the developer’s Coliwoo arm on the Singapore Exchange, aiming to raise gross proceeds of S$101 million ($78 million) from the initial public offering of the local co-living business.
Coliwoo… Read More>>
Singapore’s LHN Files Prospectus for Coliwoo IPO, Agrees to Sell Pasir Panjang Hotel
LHN Group on Tuesday filed a preliminary prospectus for the listing of the developer’s Coliwoo co-living business on the Singapore Exchange.
Coliwoo’s portfolio comprises 25 properties across Singapore, including 11 owned, 10 leased and four managed properties, according to the… Read More>>
LHN Group Wins Approval for Singapore Listing of Coliwoo Co-Living Unit
LHN Group has secured the go-ahead from shareholders and conditional approval from the Singapore Exchange for a listing of the developer’s Coliwoo co-living business.
LHN received a letter from the SGX confirming Coliwoo’s conditional eligibility to list on the mainboard… Read More>>
Frasers Hospitality Trust Heading Towards Privatisation After Lopsided Unitholder Vote
After falling short by a paper-thin margin almost three years ago, Frasers Property has cleared a key hurdle in its quest to privatise Singapore-listed Frasers Hospitality Trust, as unitholders decisively approved the scheme at a meeting late last week.
The… 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>>
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>>
Link REIT Explores Spinoff of Non-Greater China Assets Into Singapore-Listed Trust
The manager of Link REIT is exploring the possibility of spinning off some of the HKEX-listed trust’s properties outside of mainland China and Hong Kong into a separate entity to be listed on the Singapore Exchange, market sources confirmed to… Read More>>