private placement

REITs

KIT announces private placement to raise some $200 mil

KIT intends to declare an advanced distribution from July 1 to the date before the issue of the placement units.

REIT Watch

Digital Core REIT seeks to raise US$100 mil through private placement

The new units to be issued will increase the number of units in issue by up to14.8%.
CapitaLand Ascott Trust to raise $300 mil, proposes to acquire three lodging assets for $530.8 mil - THE EDGE SINGAPORE

Equity raising

CapitaLand Ascott Trust to raise $300 mil, proposes to acquire three lodging assets for $530.8 mil

CapitaLand Ascott Trust will raise $300 million via a private placement and a preferential offering.
AIMS APAC REIT seeks to raise $100 mil through private placement and preferential offering - THE EDGE SINGAPORE

REITs

AIMS APAC REIT seeks to raise $100 mil through private placement and preferential offering

Existing unitholders will be eligible to an advanced distribution of between 1.7 cents to 1.9 cents per unit from Apr 1 to May 30.
CapitaLand Ascendas REIT to acquire Seagate's The Shugart in one-north for $218.2 mil - THE EDGE SINGAPORE

REITs

CapitaLand Ascendas REIT to acquire Seagate's The Shugart in one-north for $218.2 mil

The acquisition is said to be accretive to CLAR’s distribution per unit (DPU) and net property income (NPI) yield.

Company in the news

KIT raises $299.6 mil from equity fund raising with issue prices fixed at the highest end of the range

KIT's placement offering was fixed at 47.7 cents per unit while its preferential offering was fixed at 46.7 cents per unit.

REITs

MLT’s private placement 3.9 times subscribed at $1.649 per unit

MLT's manager says it intends to distribute its distributable income across its existing units before the new units are issued.

REITs

ESR-LOGOS REIT seeks to raise $300 mil via private placement and preferential offering

The units from the private placement will be offered at an issue price of between 33 cents to 33.5 cents per new unit.
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