Mapletree Industrial locks in $295m from placement

By Jonathan Breen
24 Jun 2020

Mapletree Industrial Trust raised S$410m ($295.4m) on Tuesday after strong demand enabled the Reit to boost the size of a placement.

The Singapore-listed real estate investment trust sold 146.4m primary units at the top of the marketed price range, after capturing a wide variety of around 200 investors, said a source close to the deal.

Mapletree Industrial hit the market on Tuesday looking to raise capital to fund ...

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