The IPO for Elite Commercial REIT ('Elite CREIT') is finally open for application! The REIT looking to raise gross proceeds of 130.9m by offering 114,686,200 units at £0.68 (SGD 1.21) each, of which 5,734,300 units available for the public offering. The timeline of the IPO is set out as below: Timeline 28 Jan 2020 @ 9pm - IPO open for application 4 Feb 2020 @ 12pm - IPO application closure 5 Feb 2020 - Balloting of application for IPO 6 Feb 2020 @ 2pm - Trading commences on SGX market You may access the prospectus from MAS OPERA via the link below. Elite Commercial REIT - Final Prospectus/Product Highlights I will do a recap based on my previous post, then expand on it in this article based on new info available. Previous post: Elite Commercial REIT IPO - Early Look Updated Summary / Recap Pure-play UK-focused REIT, focusing on office assets. Market Cap of 230m at launch.Portfolio consists of 97 freehold properties all located in...