Cache Logsitics Trust IPO @ $0.880
Cache Logistic Trust IPO price at 88cents.
This IPO is joint real estate investment unit of CWT and ARA Asset Managment
There are currently six properties in CLT's portfolio.
They are located near Changi Airport, PSA Corp's terminals and Jurong Port.
With a total gross floor area of 3.9 million square feet, the properties include ramp-up warehouses - a multi-storey feature that CLT's chief executive officer Daniel Cerf believes will maximise plot ratio and boost its resilience as a logistics REIT.
Closing date is 8 April 2010
Start Trading on Singapore Exchange Mainboard is expected on 12 April 2010 .
This IPO is joint real estate investment unit of CWT and ARA Asset Managment
There are currently six properties in CLT's portfolio.
They are located near Changi Airport, PSA Corp's terminals and Jurong Port.
With a total gross floor area of 3.9 million square feet, the properties include ramp-up warehouses - a multi-storey feature that CLT's chief executive officer Daniel Cerf believes will maximise plot ratio and boost its resilience as a logistics REIT.
Closing date is 8 April 2010
Start Trading on Singapore Exchange Mainboard is expected on 12 April 2010 .
posted by Success at
9:21 PM
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