Asia's first Pan-Asian Reit nears launch

Singapore-listed Reit hopes to tempt investors with above average yield.

AsiaƆs first cross-border real estate investment trust available to a broader investment base is close to launching in Singapore after clearing all the regulatory hurdles.

Allco Commercial Reit is aiming to raise up to S$504.9 million $311 million from the sale of 495 million units in a trust that will comprise three assets in Singapore and Australia with a combined total asset value of S$680 million.

Credit Suisse is the sole global coordinator and joint bookrunner together with DBS....

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  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...