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Cromwell European REIT’s public offering 3.1 times subscribed

IPO

Cromwell European REIT’s public offering 3.1 times subscribed

PC Lee Published on Wed, Nov 29, 2017 / 9:55 PM GMT+8

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SINGAPORE (Nov 29): The manager of Cromwell European REIT (CEREIT) says its Singapore public offering was 3.1 times subscribed.

See: Cromwell launches $1.5 bil CEREIT IPO in Singapore

This was based on the valid applications received for 111.2 million units for the 36.5 million units available for public subscription, at the close of application on 12 noon, Tuesday.

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