Centurion Accommodation REIT has secured 16.6 times subscription for its initial public offering(IPO) and raised approximately SGD771.1 million.
The public offer of the IPO attracted 10,964 valid applications and was oversubscribed by 30.9 times, marking the strongest retail response in recent years.
International institutional investors showed equally robust interest, with the placement tranche achieving approximately 16.0 times subscription.
Related: Centurion Accommodation REIT launches SGD771.1 million IPO
Dear members, please login to continue reading this article.
Login or sign-up for a free 25-day trial here. Why subscribe?