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equity fund raising
Equity raising
Manulife US REIT to acquire California office building for $273.5 mil; launches equity fund raising
SINGAPORE (Sept 19): The manager of Manulife US Real Estate Investment Trust says it has entered into a purchase agreement to acquire a freehold 29-storey Class A office building in California for an estimated aggregate purchase consideration of US$198.8
September 19, 2019
Equity raising
CRCT in $279 mil private placement, preferential offering to help fund mall buys
SINGAPORE (Aug 2): The manager of CapitaLand Retail China Trust (CRCT) has proposed an equity fund raising to raise gross proceeds of between $273.4 million to $279.4 million.
August 02, 2019
Broker's Calls
ESR-REIT kept at 'add' pending clarity on equity fund raising to revitalise portfolio, repay debt
SINGAPORE (June 19): CGS-CIMB Research is maintaining its forecasts on ESR-REIT “pending greater clarity” on details of an equity fund raising to raise up to $150 million.
June 19, 2019
Equity raising
ESR-REIT to issue 194 mil new units at 51.5 cents in private placement
SINGAPORE (June 18): Units in ESR-REIT took a tumble in morning trading on Tuesday after the manager announced that the price of some 194.2 million new units to be issued under a private placement has been fixed at 51.5 cents per unit.
June 18, 2019
Equity raising
ESR-REIT proposes equity fund raising to raise gross proceeds of up to $150 mil to finance property acquisition, AEIs
SINGAPORE (June 17): The manager of ESR-REIT has proposed an equity fund raising exercise to raise gross proceeds of up to $150 million.
June 17, 2019
Equity raising
Frasers Centrepoint Trust in equity fund raising for at least $422 mil
SINGAPORE (May 16): The manager of Frasers Centrepoint Trust (FCT) has proposed an equity fund raising to raise gross proceeds of no less than $421.7 million.
May 16, 2019
Equity raising
Keppel Infrastructure Trust selling new units to raise $450 mil
SINGAPORE (Mar 14): The trustee-manager of Keppel Infrastructure Trust (KIT) announced Thursday is launching a rights issue to raise gross proceeds of $450 million.
March 14, 2019
Frasers Logistics announces details of $476 mil equity fund raising for acquisition of 21 properties in Germany, Holland
SINGAPORE (May 10): The manager of Frasers Logistics & Industrial Trust (FLT) has released details of its planned equity fund raising to raise gross proceeds of $476 million for its foray into Europe.
May 10, 2018