Soilbuild Reit set to raise $360 million from IPO

The business space trust fixes the price at S$0.78 for a 7.7% yield after attracting good demand from long-only funds and real estate specialists.
Soilbuild trust focuses on industrial properties and business parks
Soilbuild trust focuses on industrial properties and business parks
August 07, 2013

Soilbuild Business Space Reit will raise S$457.5 million ($360 million) from its Singapore initial public offering after fixing the price at S$0.78 per share, a source said Wednesday.

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