Shares & Derivatives
HNA Commercial REIT – Another Upcoming Monster Size IPO
By Invest Openly  •  July 1, 2017
While everyone are buzzing around the upcoming monster IPO next Month (July 2017), Netlink Trust, do you know that there is another potential monster size IPO in 2017? It's HNA Commercial REIT. While it is still too early to provide the exact details, here are some known information of HNA Commercial REIT: Estimated Issue Size : $$775 millions Estimated Market Capitalization : S$780 millions to S$800 millions REIT Manager : HNA-A EP REIT Management (Shenzen listed HNA Investment Group has 75% stake) in partnership with Singapore-based property fund management firm AEP Investment Management. Estimated gearing : 28.6% Portfolio: 5 Properties (Singapore : 26% ; Australia : 46% and UK : 28%): Singapore - StarHub Green in Ubi (94.7% occupancy rate) Australia - 41 George Street in Brisbane (99.8% occupancy rate) UK - Trident Place Business Park (100% occupancy rate) (The two remaining properties are ......
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By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
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