Real estate investment trusts raised $6.4 billion this year, excluding two REIT mergers that were finished and two acquisitions from Mapletree North Asia Commercial Trust (MNACT) and BHG Retail REIT that require unitholder approval.
Check out if is OLA a good buy, official project details, floor plans, showflat appointment here.
Dasin Retail Trust and Ascendas India Trust, that are land trusts organised as business trusts, raised a further $220 million. As company trusts, Dasin Retail Trust and A-iTrust can also produce land. REITs can take on growth only under certain circumstances.
Throughout this year, 17 REITs raised equity, more than once. Manulife US REIT came to market in April using a placement, then again in September with a placement and preferential equity fundraising, in which present unitholders are available units based on their pro rata stakes.