Singapore stock market sees biggest IPO in years with NTT DC REIT's debut

Austria

The Singapore Exchange has seen its biggest real estate investment trust (REIT) listing in more than 10 years, raising more than US$770 million. But Japan's NTT DC REIT's debut was met with a lukewarm response. Its unit price rose just three cents, or 3% higher above its unit offer price of U$1, before ending the day flat. NTT's portfolio includes high-spec facilities in Singapore, Austria and the US — all benefiting from the explosion of demand driven by artificial intelligence and cloud

Tag-uri: Real Estate Austria

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