private placement

Ascott Residence Trust’s private placement 2 times covered, issue price fixed at 98.3 cents - THE EDGE SINGAPORE

REITs

Ascott Residence Trust’s private placement 2 times covered, issue price fixed at 98.3 cents

The issue price stands at the lower end of the private placement’s launch range between 98.3 cents and $1.014.
Ascott Residence Trust buys Texas student accommodation for US$70 mil; launches private placement to raise $150 mil - THE EDGE SINGAPORE

REITs

Ascott Residence Trust buys Texas student accommodation for US$70 mil; launches private placement to raise $150 mil

The acquisition represents ART's third student accommodation investment within a span of seven months.
Keppel DC REIT to raise gross proceeds of between $200.1 mil to $204.3 mil via private placement of 81 mil new units - THE EDGE SINGAPORE

REITs

Keppel DC REIT to raise gross proceeds of between $200.1 mil to $204.3 mil via private placement of 81 mil new units

The new units will be issued at a price of between $2.47 and $2.522 per new unit.
KORE to acquire Nashville and Denver assets for US$105.1 mil, launches private placement to raise US$65 mil - THE EDGE SINGAPORE

REITs

KORE to acquire Nashville and Denver assets for US$105.1 mil, launches private placement to raise US$65 mil

The DPU accretive acquisitions are expected to be completed in 3Q2021.
Prime US REIT issues 98.8 mil new shares under private placement, raising US$80 mil - THE EDGE SINGAPORE

REITs

Prime US REIT issues 98.8 mil new shares under private placement, raising US$80 mil

The new units were issued at a price of 81 US cents per unit.
Prime US REIT acquires offices in San Diego and Florida for US$246 mil, launches US$80 mil private placement - THE EDGE SINGAPORE

REITs

Prime US REIT acquires offices in San Diego and Florida for US$246 mil, launches US$80 mil private placement

The acquisitions mark Prime US REIT’s entry into the two markets.
Mercurius Capital issues 27 mil new shares worth $1.5 mil to 'meet its present requirements' - THE EDGE SINGAPORE

Equity raising

Mercurius Capital issues 27 mil new shares worth $1.5 mil to 'meet its present requirements'

The proceeds will mainly be used to repay borrowings and for working capital purposes.
Transit-Mixed Concrete raises $4.9 mil via private placement to seven investors including Tai Sin chairman Lim - THE EDGE SINGAPORE

Equity raising

Transit-Mixed Concrete raises $4.9 mil via private placement to seven investors including Tai Sin chairman Lim

Other investors include Chua Keng Woon, an independent director on the boards of Hai Leck Holdings and Asiamedic.
Mapletree Industrial Trust seeks to raise $800 mil via private placement and preferential offering - THE EDGE SINGAPORE

Equity raising

Mapletree Industrial Trust seeks to raise $800 mil via private placement and preferential offering

$726.5 mil of the proceeds will be used to partially finance the acquisition of a portfolio of US data centres.
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