The close of the offering at 12 noon on Mar 10 saw 848 valid applications for some 10.3 million units, amounting to approximately $11.5 million, the group reported in a regulatory filing on Wednesday. This represented a subscription rate of 1.4 times.
SINGAPORE (Mar 12): The manager of United Hampshire US REIT reported on Wednesday that the public tranche of its initial public offering (IPO) has been 1.4 times subscribed.
United Hampshire US REIT is Asia’s first US grocery-anchored shopping center and self-storage REIT with a portfolio primarily concentrated in the Northeast markets of the US.
