Fubon gets it Reit first time

Taiwan''s first Reit is expected to come to market in mid-August.

Fubon Construction is set to launch Taiwan's first real estate investment trust Reit in July. Advisers to the NT$6 billion $180 million deal are finalizing documentation and preparing offering circulars ahead of an expected filing date some time in early July.

The Reit will comprise three buildings two office towers - Fubon Life Insurance Building and Aegon Building - and, unusually, a residential building. A typical Reit includes buildings of a similar profile, shopping malls...

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