Singapore REIT sector raised $4.5b in secondary fundraisings in 2020

Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No The largest placement raised was by Ascendas REIT, at $800m. Trusts that represent the Singapore REIT sector raised $3b in placements, whilst five trusts raised a further $1.5b in rights issues for a total of 4.5b in secondary fundraisings in 2020, according to an update by the Singapore Exchange. The largest placement, with $800m raised, was conducted by Ascendas REIT, whilst the biggest rights issue with $760m raised was conducted by Frasers Centrepoint Trust. read more