CapitaLand Commercial C-REIT (CLCR) has set a record among retail C-REITs in China after attracting 254.5 times subscription coverage from offline institutional investors during its initial public offering (IPO).
The offering also drew strong interest from retail investors, with the public tranche of the REIT IPO closing ahead of schedule and oversubscribed by 535.2 times.
Related: CapitaLand Commercial C-REIT set to become China's first international-sponsored retail REIT
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