CapitaLand China Trust's New Listing Achieves Record 254.5x Subscription Coverage, Attracts Robust Investor Demand
Reuters
Sep 12
CapitaLand China Trust has successfully listed 400 million IPO units of CapitaLand Commercial C-REIT on the Shanghai Stock Exchange at a price of RMB5.718 per unit.
The offering attracted significant demand, with the public tranche being 535.2 times subscribed and the offline institutional investor subscription reaching a record 254.5 times.
The IPO raised RMB2.29 billion, showcasing strong investor interest and solidifying CapitaLand Investment's position as Asia Pacific's largest REIT manager.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.