by Amruth Sundarkumar | Mar 7, 2022 | Corporates, Singapore Dollar Bonds
Singapore-based real estate company Mapletree is said to be planning an IPO for its student housing REIT that could raise up to $1bn, as per Business Times sources. The Temasek-backed company is said to have hired DBS, HSBC, OCBC and UBS for the proposed transaction...
by Amruth Sundarkumar | Oct 27, 2021 | Singapore Dollar Bonds
ESR REIT reported a 1.7% YoY increase in distribution per unit (DPU) to S$0.00712 for Q3 on the back of a 7.2% YoY increase in gross revenues to S$61.1mn and an 8.6% rise in net property income (NPI) to S$43.9mn. The manager attributed the growth to the acquisition of...
by Amruth Sundarkumar | Jun 16, 2021 | Singapore Dollar Bonds
Singapore based Mapletree Industrial Trust (MIT) raised S$310.4mn ($234mn) via a non-renounceable preferential offering. About 117.6mn new units were issued at S$2.64/unit. In addition to raising S$512.9mn ($385mn) from a private placement last month, combined gross...
by bondevalue | May 21, 2021 | Singapore Dollar Bonds
Singapore-based REIT Mapletree Industrial Trust (MIT) has completed a private placement of 190.3mn new units at a price of S$2.696/unit, MIT’s manager announced this morning. The transaction was priced at a 2.3% discount to the volume weighted average price...
