As many of you probably know by now, I absolutely love REITs. So I was terribly excited when I heard that the first mainboard IPO of the Year of the Rat was going to be a REIT IPO – Elite Commercial REIT initial public offer (IPO).
The preliminary prospectus was just lodged on MAS Opera (link here), so the final details are not out yet, but I just wanted to share some quick thoughts on this hot new IPO of Elite Commercial REIT.