Singapore 1st IPO in 2015: China's BHG Retail REIT secures $95.1m cornerstone investment, offers 151.17m IPO units

Singapore 1st IPO in 2015:  China's BHG Retail REIT secures $95.1m cornerstone investment, offers 151.17m IPO units

One of BHG Retail REIT's portfolio properties in China, the Hefei Mengchenglu Mall.

The first pure-play China retail real estate investment trust (REIT) BHG Retail Trust Management Pte Ltd has secured S$134.9 million ($95.61 million) worth of commitments from four cornerstone investor, for the initial public offering (IPO) of BHG Retail REIT on the Singapore Exchange (SGX).

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