Reit time for Suntec after all

A 722 million unit Reit IPO for Suntec City was priced at the top end of its indicative range on Friday (December 3) raising S$722 million ($436 million). Fears that the offering might be overshadowed by the mammoth $2.9 billion Link Reit IPO coming from Hong Kong proved unfounded, with both deals appearing to benefit from increased investor attention on the sector.