I am considering whether i should put in a bid for the placement tranche, hence the preview. Do note that this is the first IPO to be launched this year without cornerstone investors. The news is here
Soibuild REIT is offering 586.532m units at an offering range of $0.77 to $0.80 per Unit (subject to over-allotment of 56.307m units). The allocation between placement and public tranche is not finalized yet but the indicative number is 499.032m for placement and 87.5m for Public.
This is a Singapore REIT focused on …