shopping malls

A Singapore business trust with a portfolio of Japanese shopping malls, Croesus will raise $297 million from the fixed-price offering as investors load up on high-yielding equities.

Yield-hungry investors will get new asset classes to focus on when Asian Pay Television Trust, Investec Aviation Trust and Japan shopping mall-focused Croesus Retail Trust hit the market in the next week or so.

Tesco’s Thai property fund seeks to raise $245 million from its preferential offering, which it plans to invest in five additional shopping malls in Thailand.

An undisclosed institutional seller surprises investors by launching a deal after the Hong Kong market had its worst fall in six months, but thanks to a generous discount, the demand was fairly solid.

Tesco's Thai property fund is offering 75% of its units to public investors, of which one-third are targeted at international accounts.

The retail property-focused Reit attracts robust demand from high-quality, long-term investors, with almost 70% allocated to domestic players.

The retail property-focused Reit kicks off its institutional roadshow with the aim of raising up to $228 million.

The CapitaMall Trust placement comes as markets take a dive on renewed concerns about the fallout from the European debt crisis.

The retail-focused Reit will use the money to pay for the acquisition of its fourth shopping mall.