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REIT Capitaland China Trust Finance: China Logistics of Four Prime Logistics Properties
CapitaLand China Trust (CLCT) on Wednesday priced its private placement at $1.165 per new unit, which is the bottom end of the price range.
The China-focused real estate investment trust (Reit) also exercised its upsize option fully, bringing the total amount raised to $150 million and the total number of units to be issued to 128.8 million.
The placement was also oversubscribed and saw good participation from new and existing institutional and other accredited investors, its manager said in a bourse filing.
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