Soilbuild Reit taps into Singapore’s hunger for dividends as books open for $370m IPO

In what is the third Singaporean real estate investment trust IPO launch in a month, Soilbuild Business Space Reit opened the books to its S$469m ($370m) IPO on July 30 at an indicative price range of S$0.77-S$0.80.

  • By Rev Hui
  • 02 Aug 2013

That gives it a forecast dividend yield of 7.5% to 7.8% for 2014, a premium to the 6.7% and 6.65% given out by its closest comparables, Aims Amp Capital Industrial Reit and Mapletree Industrial Trust.

While recent Reits from Singapore Press Holdings Reit and Overseas Union Enterprise Hospitality ...

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Bookrunners of International Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Citi 16,585.06 65 11.04%
2 JPMorgan 15,760.46 50 10.49%
3 HSBC 15,596.06 77 10.38%
4 Bank of America Merrill Lynch 10,727.45 38 7.14%
5 Deutsche Bank 8,341.54 24 5.55%

Bookrunners of LatAm Emerging Market DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 03 May 2016
1 JPMorgan 7,273.55 11 15.61%
2 HSBC 5,431.62 10 11.66%
3 Citi 5,039.39 9 10.82%
4 BBVA 4,995.02 7 10.72%
5 Bank of America Merrill Lynch 4,573.68 11 9.82%

Bookrunners of CEEMEA International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 03 May 2016
1 Citi 6,816.39 25 17.65%
2 JPMorgan 4,685.51 17 12.14%
3 Bank of America Merrill Lynch 2,654.29 7 6.87%
4 Barclays 2,538.43 11 6.57%
5 HSBC 2,416.55 19 6.26%

EMEA M&A Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 JPMorgan 195.08 50 10.55%
2 Goldman Sachs 162.26 37 8.77%
3 Morgan Stanley 141.22 46 7.64%
4 Bank of America Merrill Lynch 114.20 33 6.18%
5 Citi 95.36 35 5.16%

Bookrunners of Central and Eastern Europe: Loans

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 03 May 2016
1 SG Corporate & Investment Banking 1,494.37 6 16.14%
2 UniCredit 945.06 6 10.21%
3 Mitsubishi UFJ Financial Group 892.90 3 9.64%
4 ING 868.18 5 9.38%
5 Citi 817.33 5 8.83%

Bookrunners of India DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 04 May 2016
1 AXIS Bank 1,029.54 33 15.03%
2 Trust Investment Advisors 766.77 48 11.19%
3 Standard Chartered Bank 708.61 8 10.35%
4 HDFC Bank 572.45 22 8.36%
5 HSBC 549.36 7 8.02%