The REIT aims to deliver a total return of 12.2% from organic growth, which comprises a distribution yield of 7.4% for the forecast period 2026 and DPU growth of 4.8% between 2026 and 2027. The organic DPU growth is driven by built-in rental escalations, occupancy uplift and rental reversions.
UI Boustead REIT has launched what will be this year's largest IPO, aiming to sell units worth $973.6 million at 88 cents each.
This latest REIT to list on SGX has a portfolio value of $1.9 billion and comprises of 23 properties in the logistics, industrial, and business space in Singapore and Japan.
