The offering of almost 600 million units to investors, including institutional and other investors outside the US is at US$1 per unit, and the rest of the 30 million units to the public Singapore are at $1.276 per unit.
The manager of NTT DC REIT said that it has registered its prospectus with the Monetary Authority of Singapore (MAS) for its initial public offering (IPO) which it hopes to raise US$773 million ($988 million).
The REIT will have 1,030,209,500 units, and it will be the largest REIT IPO on the Singapore Exchange (SGX) in more than a decade.
