First off the block was Keppel Pacific Oak US REIT, which announced an acquisition on Sept 6, and possible equity fundraising to part-finance it. But that got somewhat lost in subsequent data centre transactions.
SINGAPORE (Sept 23): Since the start of September, four real estate investment trusts and one business trust have announced equity raisings. So far this year, S-REITs have raised more than $3 billion in equity fundraisings, excluding REIT IPOs (see Table 1).
