Tue, Sep 2, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | IPOs/Stock Market, REITs more

Malaysia’s Sunway Reit starts IPO marketing

Posted on 02 June 2010

From Financeasia.com: Sunway Real Estate Investment Trust, a Malaysian owner and operator of shopping malls and other commercial real estate, has started pre-marketing for an initial public offering that seeks to raise about $500 million. If successful, it will be the largest Reit in Malaysia in terms of asset value and the largest IPO in Malaysia this year.
While stockmarkets around the world remain volatile and quick to react to every bit of bad news, sources say this is not a bad time to launch a Reit, given the defensive qualities of the sector, including steady dividends and the fact that they are only allowed to own finished income-yielding properties……………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930