Mapletree Trust goes for the top with S$650m placement

By Jonathan Breen
21 Oct 2020

Singapore-listed Mapletree Logistics Trust has raised S$650m ($479.8m) in fresh equity after boosting the size of its placement.

The real estate investment trust (Reit) hit the market on Tuesday to fund a series of acquisitions of logistics assets across the region.

Citi, DBS, HSBC and Oversea-Chinese Banking Corp, the global co-ordinators and bookrunners, launched the two-part transaction in the morning. 

One portion of the trade was a ...

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