Prime US REIT primed for IPO, plans to lodge prospectus on June 28

Goola Warden
Goola Warden6/24/2019 06:18 AM GMT+08  • 2 min read
Prime US REIT primed for IPO, plans to lodge prospectus on June 28
SINGAPORE (June 24): Singapore could soon see the listing of the third US REIT for  the year.
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SINGAPORE (June 24): Singapore could soon see the listing of the third US REIT for the year.

According to documents viewed by The Edge Singapore, KBS REIT III, the owner of the assets that will be sold into Prime US REIT is readying the latter for an IPO.

The plan – if all goes well – is to lodge the prospectus on June 28, and the REIT should start trading on July 18 or 19.

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