🍾 𝐂𝐞𝐧𝐭𝐮𝐫𝐢𝐨𝐧 𝐀𝐜𝐜𝐨𝐦𝐦𝐨𝐝𝐚𝐭𝐢𝐨𝐧 𝐑𝐄𝐈𝐓 𝐈𝐏𝐎 𝐃𝐞𝐛𝐮𝐭 𝐚𝐭 𝐒𝐆𝐗
@Kenny_Loh:
Honored to be invited as a guest for the Centurion Accommodation REIT (CAREIT) IPO ceremony at the SGX IPO Arena today. CAREIT marks a milestone as Singapore’s first pure-play purpose-built living accommodation REIT, debuting strongly with an opening price of S$0.98—11.4% above its IPO price of S$0.88. The offering raised an impressive S$771 million, making it the city’s second-largest IPO this year and drawing overwhelming investor interest with total demand oversubscribed by 16.6 times. $Cent Accom REIT(8C8U.SI)$ $Centurion(OU8.SI)$ This new REIT features a resilient portfolio of 14 high-quality assets with a combined value of S$1.8 billion, including: 🏠 Five purpose-built workers’ accommodation pr