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HNA Commercial REIT IPO issue size to be around $775 mil

IPO

HNA Commercial REIT IPO issue size to be around $775 mil

Jude Chan Published on Fri, Jun 23, 2017 / 5:31 PM GMT+8

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SINGAPORE (June 23): HNA Commercial REIT is expected to have an estimated issue size of $775 million in its upcoming initial public offering, according to reports on Friday.

The commercial real estate investment trust is likely to be the biggest IPO this year, back by assets from Australia, the UK and Singapore valued at $1.5 billion.

Based on documents seen by The Edge Singapore, the IPO portfolio will comprise five properties, with 46% of the portfolio in Australia, 27% in the UK, and 26% in Singapore.

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HNA Commercial REIT IPO issue size to be around $775 mil

IPO

HNA Commercial REIT IPO issue size to be around $775 mil

Primary tabs

Error message

HNA Commercial REIT IPO issue size to be around $775 mil

IPO

HNA Commercial REIT IPO issue size to be around $775 mil

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