Raffles City Singapore, a property of CapitaLand Integrated Commercial Trust. (Photo: REITsWeek)

CapitaLand Integrated Commercial Trust (CICT) has priced its placement units at SGD1.96, which is just above the mean of the exercise’s indicative range.

The REIT first disclosed on 7 December that it is seeking to raise at least SGD200 million via a private placement exercise to partially fund its acquisitions in Australia.

Related: CapitaLand Integrated Commercial Trust seeks fresh funds for Australian acquisitions

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.