Not every IPO deserves your attention. But when a Macquarie-backed fund manager teams up with Boustead Projects to launch a New Economy industrial REIT offering a 7.8% yield, it is worth a closer look. UI-Boustead REIT (UIB REIT) makes its SGX debut on 12 March 2026. Here are six things dividend investors should know before the opening bell.

1. Who Is Behind It

UIB REIT is sponsored by UIB Holdings, a partnership between two well-credentialled names. Unified Industrial (UI) is a real estate fund manager backed by Macquarie Asset Management, with a focus on high-quality industrial and logistics properties in Japan and China. Its partner, Boustead Projects, is the real estate arm of Boustead Singapore (SGX: F9D) – a name familiar to most SGX investors. Post-IPO, Boustead Singapore is expected to retain a stake of between 15% and 16.9% in the REIT via Boustead Projects, depending on whether over-allotment options are exercised. Notably, Boustead Singapore has signalled its intention to...