Singapore: EC World REIT sees public offer oversubscribed

Singapore: EC World REIT sees public offer oversubscribed

EC World Asset Management Pte. Ltd., the parent company of Singapore-based EC World Real Estate Investment Trust (REIT), which received support from both retail and institutional investors for its public offering, commenced trading on the Singapore stock exchange Thursday.

EC World REIT is the first Chinese specialised logistics and e-commerce logistics REIT to be listed on the SGX and will be focusing investments on a diversified portfolio of income-producing real estate primarily used for e-commerce, supply-chain management and logistics purposes.

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