Pavilion REIT has priced the units it will issue for its private placement, and looks set to carry out the largest equity fund raising of that nature in Malaysia.

Pavilion REIT is a Bursa Malaysia-listed REIT with a portfolio of five mixed commercial assets across the country’s largest city, Kuala Lumpur.

The REIT first disclosed in mid-May 2023 that it is looking to raise capital via an equity fund raising exercise, which will include a private placement to selected investors.

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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.