United Hampshire Reit thrives on 'safe haven' demand

Singapore adobe stock AS 230x150
By Jonathan Breen
03 Mar 2020

United Hampshire US Real Estate Investment Trust (Reit) has wrapped up the international roadshow for its $323.6m Singapore IPO, boosted by investors' search for stability amid volatile markets.

A five-strong syndicate, led by UOB, launched the deal last week, confident that early marketing would see them through, despite the global panic caused by Covid-19.

The international book of the IPO was closed on Monday, having drawn strong interest from long-only investors, property specialists and private banks, ...

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