Towards Financial Freedom

Croesus Retail Trust - Plans Singapore IPO

kiasutrader
Publish date: Thu, 25 Oct 2012, 09:45 AM

Japan'focused Croesus Retail Trust (CRT) is looking to raise up to $800mil through a listing on the Singapore Exchange. It is expected to o'er an annualised yield in the high 7.0% range for 2013 and in the low 8.0% range for 2014. The retail o'ering is likely to start on Nov 23. Listing on the Singapore bourse is planned for end'November.

Source: The Business Times

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