Cromwell Property Group has completed the initial public offering (IPO) of the Cromwell European Real Estate Investment Trust (CEREIT) after CEREIT debuted on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST).
Spanish REIT Colonial has successfully closed a EUR416 million capital increase through the issue of 42,847,300 new ordinary shares at an issue price of EUR7.89 per share, representing a 2.1 per cent premium over the last closing market price.
In response to significant investor interest and to take advantage of a pipeline of attractive investment opportunities in both Poland and Romania, Globalworth is planning to raise in the region of EUR300 million in additional equity capital through a non-pre-emptive issue of new ordinary shares, with the ability to flex this dependent on demand.
Keppel-KBS US REIT, a Singapore real estate investment trust with an initial portfolio of 11 income-producing commercial assets in seven cities across the US, has joined the Mainboard of the Singapore Exchange (SGX) under the stock code CMOU.
Impact Healthcare REIT has successfully raised gross proceeds of GBP32.6 million from a placing of 32,034,471 shares at a price of 101.75 pence per Ordinary Share, which closed on 7 November.
Aviva Investors Secure Income REIT plc, a newly established closed-ended investment company incorporated in England and Wales, is looking to raise GBP200m via an initial public offering (IPO).
Impact Healthcare REIT is planning to raise additional capital by way of a placing of up to 32,034,471 Ordinary Shares, representing 19.99 per cent of the Company's issued share capital and raising gross proceeds of up to approximately GBP32.6 million (placing).
M7 Multi-Let REIT plc, a newly established closed-ended investment company, is aiming to raise up to GBP300 million (before expenses) by way of a placing, offer for subscription and intermediaries offer of ordinary shares at an issue price of 100 pence per share.
Warehouse REIT has successfully raised gross proceeds of GBP150 million from an initial public offering (IPO) of ordinary shares in the company. The net proceeds of the Issue are expected to be approximately GBP146.8 million.
Investors from South Africa and Russia are getting a 21 per cent discount on UK property as the market continues to resist substantial falls, according to housebuilding investment platform Homegrown.