Prime US REIT

IPO

Singapore property trust IPOs surge to 6-year high

SINGAPORE (Sept 18): Singapore real estate investment trusts are on a money-raising spree.

Markets

IMF cuts global forecast; Fed in focus

SINGAPORE (July 29): The European Central Bank has signalled the need for significant stimulus in the economy, as the growth outlook deteriorates. While the ECB has held rates unchanged for now, president Mario Draghi has indicated that lower interest rat

IPO

Prime US REIT closes flat at IPO price on trading debut

SINGAPORE (July 19): Prime US REIT closed flat at its first trading session on the Singapore Exchange on Friday.

IPO

Prime US REIT sets out to attract investors with Class A properties, in-built rental escalation, initial 7.4% yield

Prime buildings, some suburban locations As at Dec 31, 2018, Prime US REIT’s portfolio consisted of 11 freehold Class A buildings. The assets are located in urban and suburban areas in nine cities: San Francisco Bay Area (Oakland); Salt Lake City; De

IPO

Prime US REIT launches largest IPO year-to-date; selling units at $1.20 each

SINGAPORE (July 8): KBS US Prime Property Management, the manager of Prime US REIT, has registered its final prospectus with the Monetary Authority of Singapore (MAS) in relation to its proposed offering and listing of units in Prime US REIT on the Mainbo

IPO

Prime US REIT files prelim IPO prospectus; selling 335 mil shares at 88 US cents each

SINGAPORE (June 28): Prime US REIT has filed its preliminary initial public offering (IPO) prospectus on Friday.

IPO

Prime US REIT primed for IPO, plans to lodge prospectus on June 28

SINGAPORE (June 24): Singapore could soon see the listing of the third US REIT for  the year.
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