SINGAPORE (Jan 28): Elite Commercial REIT is offering 108.98 million units to international investors outside of the US and 5.74 million units to the Singapore public. The IPO price is £0.68 per unit, the equivalent of $1.21 per unit. The yield at this price will be 7.1%. The total number of outstanding units at IPO including 77.83 million units to cornerstone investors will be 332.22 million.

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