United Hampshire US Reit launches SGX IPO

By Jonathan Breen
26 Feb 2020

United Hampshire US Real Estate Investment Trust (Reit) has kicked off the roadshow for a $323.6m Singapore IPO on the back of chunky cornerstone investor orders, according to a source familiar with the matter.

The Reit is aiming for a market capitalisation of $394.6m with a public float of 82%, said the source. It is offering about 404.5m units at a fixed price of $0.80 each. The deal also has a 3% greenshoe.

A five-strong syndicate led by sole financial adviser UOB ...

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