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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.

Viva Industrial started at ‘buy’

SINGAPORE (July 7): OCBC Investment Research has started coverage for Viva Industrial Trust with a “buy” recommendation and a fair value of 75 cents.
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