SGX:A17UIndustrial REITs
Assessing CapitaLand Ascendas REIT (SGX:A17U) Valuation After SGD 900 Million Equity Offerings
Why CapitaLand Ascendas REIT’s SGD 900 million equity raise matters now
CapitaLand Ascendas REIT (SGX:A17U) has filed two follow on equity offerings totaling SGD 900 million. The offering is a mix of Regulation S public issuance and a rights offering that directly affects unitholder dilution and funding capacity.
See our latest analysis for CapitaLand Ascendas REIT.
The equity raise comes after a period where the 30 day share price return is a 7.04% decline and the year to date share price...