equity fund raising

When REITs acquire properties 'for growth' unitholders have to fund these acquisitions which are not always accretive.

SINGAPORE (Oct 16): The manager of Mapletree Commercial Trust (MCT) has proposed an equity fund raising to raise gross proceeds of no less than $902.3 million.

SINGAPORE (Sept 19): The manager of Manulife US Real Estate Investment Trust says it has entered into a purchase agreement to acquire a freehold 29-storey Class A office building in California for an estimated aggregate purchase consideration of US$198.8

SINGAPORE (Aug 2): The manager of CapitaLand Retail China Trust (CRCT) has proposed an equity fund raising to raise gross proceeds of between $273.4 million to $279.4 million.

SINGAPORE (June 19): CGS-CIMB Research is maintaining its forecasts on ESR-REIT “pending greater clarity” on details of an equity fund raising to raise up to $150 million.

SINGAPORE (June 18): Units in ESR-REIT took a tumble in morning trading on Tuesday after the manager announced that the price of some 194.2 million new units to be issued under a private placement has been fixed at 51.5 cents per unit.

SINGAPORE (June 17): The manager of ESR-REIT has proposed an equity fund raising exercise to raise gross proceeds of up to $150 million.

SINGAPORE (May 16): The manager of Frasers Centrepoint Trust (FCT) has proposed an equity fund raising to raise gross proceeds of no less than $421.7 million.

SINGAPORE (Mar 14): The trustee-manager of Keppel Infrastructure Trust (KIT) announced Thursday is launching a rights issue to raise gross proceeds of $450 million.