Singapore REITs Are on a Record Fundraising Spree
Photographer: Roslan Rahman/AFP via Getty Images
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Singapore real estate investment trusts are back for more cash, pushing secondary share sales to record levels.
Keppel Pacific Oak U.S. REIT launched a private placement of up to $75.6 million on Thursday, a day after Mapletree Commercial Trust raised S$918.5 million ($671.4m) through a private placement and a preferential offering.