Dubai Holding Boosts Reit IPO Size to as Much as $584 Million

Dubai Holding Boosts Reit IPO Size to as Much as $584 Million

Dubai Holding boosted the size of the initial public offering of its residential real estate investment trust, seeking to raise as much as $584 million amid strong demand from domestic and international investors.

Leela Hotels IPO: Brookfield-backed Schloss Bangalore to launch public issue on May 26, eyes ₹3,500 crore

Source: Live Mint Schloss Bangalore, the owner of Leela luxury hotels, has slashed its IPO size by 30% to 35 billion rupees ($409 million), joining a growing list of companies that have trimmed their issues due to market uncertainty. Brookfield-backed Schloss, which initially planned a 50 billion-rupee initial public offering, will run the issue from May 26-28, its updated prospectus showed on Tuesday. Large “anchor” investors will get to bid …

Best-Performing REITs for May 2025 and How to Invest - NerdWallet

REIT stands for real estate investment trust, and its popularity is growing for investors who seek to expand their portfolio beyond publicly traded stocks.

Mideast Stocks: Dubai's main share index hits fresh record high

On Dubai's main index, lender Emirates NBD Bank, was the top gainer, closing up 3.5%

Dubai Holding increases Residential REIT IPO to 15% of issued unit capital

Based on revised offering size, it is seeking to raise up to Dh2.15bn ($585.45m), the company said The post Dubai Holding increases Residential REIT IPO to 15% of issued unit capital appeared first on Gulf Business.

Dubai Holding ups REIT offering on high demand

Dubai Holding, an investment vehicle of the emirate’s ruler, has increased the offering size of its residential real estate investment trust (REIT) on the local market following high demand from local and global investors. The offering now stands at 1.95 billion units compared to the earlier 1.63 billion units, increasing the floating to 15 percent of the REIT’s issued capital from the previous 12.5 percent, the company said in a statement on Mo…