Soilbuild kicks off $371 million IPO; Deltamas delays pricing

The Singapore-based business space Reit goes ahead without cornerstones but is covered at the top after the first three days. Meanwhile, Indonesian industrial estate owner Deltamas is trying to restructure its IPO after demand falls short.

Soilbuild has seven assets in its initial portfolio — two business parks and five industrial properties

Anette Jönsson

August 05, 2013

At first glance, the launch of yet another real estate investment trust (Reit) IPO in Singapore this past week is encouraging as it suggests that improving equity markets are giving issuers the confidence to push ahead with their listing plans.

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