The agreed property value of excluding Japan is $1,355.7 million on a 100% basis.
UI Boustead REIT’s preliminary prospectus is likely to be lodged on Feb 26, following Boustead Singapore’s EGM on Feb 25. UI Boustead REIT’s IPO portfolio is likely to comprise 23 properties of which 21 are in Singapore and two in Japan. Total gross floor area is estimated at 5.9 million sq ft with 5.3 million sq ft of net lettable area.
According to Boustead’s circular, the agreed property value of $1,904.2 million as at Sept 30, 2025, is on a 100.0% basis.
