GIC back NTT data centre REIT in $1B IPO

GIC back NTT data centre REIT in $1B IPO

SINGAPORE: Japanese telecom giant Nippon Telegraph and Telephone (NTT) has launched the bookbuilding process for a new data centre real estate investment trust (REIT) on the Singapore Exchange (SGX), aiming to raise up to US$864 million, including an overallotment option. The REIT, backed by Singapore’s sovereign wealth fund GIC, is positioned to tap into accelerating […] The post GIC back NTT data centre REIT in $1B IPO appeared first on The In…

Roundup: NTT Data Centre REIT IPO Aims to Raise $864M - Mingtiandi

Japan’s NTT seeks to raise $864 million from a data centre REIT IPO in Singapore, with that story leading today’s headline roundup. Also in the news, Star Entertainment’s Hong Kong investors threaten to terminate a casino deal and Indian builder... Read More>> The post NTT Data Centre REIT IPO Aims to Raise $864M on SGX and More Asia Real Estate Headlines appeared first on Mingtiandi.