SGX broke its mainboard IPO duck this year, welcoming BHG Retail REIT as its first and likely only mainboard listing in 2015 on Friday (Dec 11). BHG Retail REIT has five retail properties, with another 12 in the pipeline, all located in China. It is the first REIT backed by a Chinese-based group to be listed in Singapore. BHG Retail REIT's five retail properties are in key cities Beijing, Chengdu,...
BHG Retail REIT
BHG Retail Trust Management has launched an initial public offering (IPO) of units in BHG Retail REIT (real estate investment trust) at an offering price of S$0.80 per unit, announced the China-based group in a press release on Wednesday (Dec 2). This will make it the first listing on the mainboard of the Singapore Exchange (SGX) this year. The final prospectus of the IPO was filed with the Monetary...
Chinese retail giant Beijing Hualian looks set to be the first mainland company to list a real estate investment trust (REIT) in Singapore, following the filing of a draft prospectus by one of its units. BHG Retail Trust Management said on Monday (Nov 23) that it has lodged a preliminary prospectus for BHG Retail REIT with the Monetary Authority of Singapore for an offering on the main board of the...