Singapore: Sasseur REIT expects to raise $300m in IPO

Singapore: Sasseur REIT expects to raise $300m in IPO

Photo: Sasseur Group website

Sasseur Asset Management Pte. Ltd has announced a plan to raise $300.4 million through the initial public offering and listing of units of Sasseur Real Estate Investment Trust (Sasseur REIT), a privately-owned outlet mall operator in China, on the Singapore Exchange.

The IPO will remain open from March 21 to 26 while trading is expected to commence on March 28, according to its release.

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