Centurion Accommodation REIT debuted strongly on the Singapore Exchange, with its units opening 11.4% above the IPO price after raising S$771.1 million. This marks Singapore’s second-largest IPO this year, contributing to the country leading Southeast Asia’s IPO market. The listing follows measures to boost Singapore’s equities market and precedes upcoming IPOs like UI Boustead REIT.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets