Thursday, February 7, 2013

China-focused REIT (IPO)

Upcoming IPO: Mapletree Investments Pte. has secured commitments for more than half of the $1.5b it plans to raise by listing a China-focused REIT, paving the way for what would be Singapore's largest IPO in two years. Cornerstone investors have so far agreed to invest nearly $800m in the Mapletree Greater China Commercial Trust. Roadshows are likely to start Feb. 18, with the listing planned for early March.

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