SPH REIT's property on Orchard Road, Paragon. (Photo: REITsWeek)

SPH REIT is conducting a private placement exercise of 156,645,000 new units to raise gross proceeds of at least SGD161.5 million.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.