Manulife Reit back with bigger, bolder SGX listing

Singapore city 230px
By GlobalCapital
05 May 2016

Manulife US Real Estate Investment Trust kicked off its second try at a Singapore listing on Tuesday with the launch of a bigger, bolder trade, this time expecting to raise up to $470m.

The issuer is leaving little to chance. Not only is the Reit offering a juicier yield than last year, when market conditions forced Manulife to scrap the deal, but it has also upped the size of the IPO and pre-sold the bulk of the shares ahead of ...

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