IOI Properties Submits REIT Listing Application Aiming to Raise $500 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: Bloomberg
Investment Plans: Properties Group Bhd plans to establish a real estate investment trust holding its retail, hotel, and office assets.
Potential Fundraising: The listing of the trust could raise approximately 1.98 billion ringgit (around $500 million) for the Malaysian developer.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
