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preferential offering
REITs
Elite Commercial REIT raises GBP28 mil with preferential offering oversubscribed
The REIT's preferential offering was oversubcribed by over 120%.
January 16, 2024
REITs
Elite Commercial REIT to raise GBP28 mil through preferential offering
The gross proceeds will be used to mainly repay debt and reduce the REIT’s gearing.
December 19, 2023
Equity raising
CapitaLand Ascott Trust to raise $300 mil, proposes to acquire three lodging assets for $530.8 mil
CapitaLand Ascott Trust will raise $300 million via a private placement and a preferential offering.
August 02, 2023
REITs
IREIT Global raises $75.9 mil as preferential offering 134.7% subscribed
The preferential offering units are expected to be listed and quoted on the SGX-ST's Mainboard at 9am on July 19.
July 13, 2023
REITs
IREIT Global launches fully underwritten preferential offering to raise $75.9 mil
The proceeds will be used to mainly fund the acquisition of the 17 retail properties located across France.
June 19, 2023
REITs
AIMS APAC REIT seeks to raise $100 mil through private placement and preferential offering
Existing unitholders will be eligible to an advanced distribution of between 1.7 cents to 1.9 cents per unit from Apr 1 to May 30.
May 31, 2023
REITs
ESR-LOGOS REIT seeks to raise $300 mil via private placement and preferential offering
The units from the private placement will be offered at an issue price of between 33 cents to 33.5 cents per new unit.
February 16, 2023
Broker's Calls
UOB Kay Hian lowers MCT's TP to $2.24 on imminent merger with MNACT
UOB Kay Hian analyst Jonathan Koh called the preferential offering a "mere formality".
July 19, 2022
REITs
MCT's preferential offering to open on July 12
Unitholders will have till July 20, at 5.30 pm, to accept, apply and pay for the units under the preferential offering.
July 12, 2022
REITs
Lendlease REIT raises $648.8 mil from equity fund raising; preferential offering 1.4 times subscribed
Refunds for unsuccessful applications will be made within three working days after the trading of the new units starting April 21
April 15, 2022