Investor education starts for Mapletree Greater China Reit

The IPO is expected to raise about $1.5 billion, with up to half of that going to cornerstone investors.

Investor education starts for Mapletree Greater China Reit

Singapore’s Mapletree group is getting ready to launch its fourth real estate investment trust Reit, which will focus on commercial properties in mainland China and Hong Kong. The initial portfolio will comprise two properties, including the Festival Walk shopping mall in Hong Kong that Mapletree bought from Swire Properties for $2.4 billion in 2011.

Bankers will start investor education for the initial public offering of Mapletree Greater China Commercial Trust MGCCT today and...

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