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equity fund raising
REITs
CapitaLand Ascendas REIT makes bold move with $450 million placement, acquisition
CapitaLand Ascendas REIT announces $450 million placement, makes acquisition, plans another and a redevelopment
May 16, 2023
REITs
Lendlease Global Commercial REIT to raise $573.8 mil through private placement
The REIT is looking at an issue price range of 72.5 cents to 74 cents per unit under the private placement.
March 22, 2022
Equity raising
Mapletree Industrial Trust seeks to raise $800 mil via private placement and preferential offering
$726.5 mil of the proceeds will be used to partially finance the acquisition of a portfolio of US data centres.
May 20, 2021
REITs
CapitaLand Retail China Trust to raise $300 mil through equity fund raising
The funds will go to financing part of the acquisition cost of the 5 business park properties and Rock Square Mall in China.
November 17, 2020
REITs
Ascendas REIT to raise $1.2 bil through equity fund raising
The issue price range for each preferential offering new unit will be between $2.960 and $3.050.
November 10, 2020
REITs
REITs raise more than $3.7 bil in follow-on capital raising and perps
REITs are bankers' best friends, raising $3.7 billion this year through equity fund raisings and perpetual securities
October 23, 2020
Broker's Calls
Analysts positive on MLT's latest results and acquisition
Analysts like MLT for its positive 2Q results and accretive acquisitions
October 20, 2020
REITs
Frasers Centrepoint Trust uses $405 mil from private placement proceeds to pay revolving credit facilities, repay secured bank loan
The balance of the gross proceeds has also been used to pay the professional and other fees incurred for the private placement.
October 07, 2020
REITs
REITs lean on unitholders for $1.7 bil of equity funding
When REITs acquire properties 'for growth' unitholders have to fund these acquisitions which are not always accretive.
September 25, 2020
Equity raising
Mapletree Commercial Trust launches equity fund raising to raise more than $902 mil to help fund MBC 2 acquisition
SINGAPORE (Oct 16): The manager of Mapletree Commercial Trust (MCT) has proposed an equity fund raising to raise gross proceeds of no less than $902.3 million.
October 16, 2019