Mapletree Logistics Trust has priced its private placement at S$1.88 a unit, at the low end of the indicative range of S$1.86 to S$1.911.
Mapletree Logistics Trust launched a private placement and preferential offering to raise around S$700M to finance proposed acquisitions.
Singapore stocks Tues., 23 Nov. 2021: Mapletree Logistics, Keppel, UOB APAC Green REIT ETF, First Sponsor, Del Monte Pacific, Wilmar, Darco and OUE C-REIT.
Mapletree Logistics Trust has entered deals to acquire a portfolio of 16 logistics properties, including 13 in China and three in Vietnam.
Mapletree Logistics Trust has entered a deal to acquire the Kuwana Logistics Centre in Japan for around S$416.3 million.
Daiwa House Logistics Trust (DHLT) may be Singapore’s largest IPO this year, but analyst Clarence Chu said there’s not much reason to buy.
Singapore stocks Wed., 17 Nov. 2021: CityDEv, Prime US REIT, Temasek, QT Vascular, Ascott Residence Trust, Raffles Infra, ValueMax and Shinvest.
Daiwa House Logistics Trust (DHLT) filed for an S-REIT IPO, with a portfolio of logistics and industrial assets, to raise around S$575.5M.
Singapore companies in focus Fri., 5 Nov. 2021: Temasek, SembMarine, CLI, ESR Cayman, ARA Asset, Venture, Raffles Education, Cromwell European REIT, Prime US REIT, OCBC and UOB.
Parkway Life REIT reported Wednesday its third quarter NPI fell 2.9% on-year to S$27.28M amid higher management fees and a doubtful debt.
Shareholders of ESR Cayman have approved the bid to acquire ARA Asset Management for US$5.2 billion, according to HKEx and SGX filings
CapitaLand Investment has set up two private funds, in Japan and South Korea, in a move which will increase its funds under management (FUM).