Manulife $400m Reit IPO builds steam for many SGX firsts

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Manulife $400m Reit IPO builds steam for many SGX firsts

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The Supertree Grove at Gardens by the Bay. | Marina Ignatova - Fotolia

Manulife Financial Corp started drumming up interest for its $400m real estate investment trust (Reit) IPO in Singapore on June 15, paving the way for a number of firsts for the city-state — the first sizeable listing this year, the first Reit IPO in 2015, as well as the first Reit with US assets.

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