GLP C-REIT makes history with $260 million follow-on offering on Shanghai Stock Exchange
- Written by Auzzi Shopping
Offering was supported by 16 domestic institutional investors and represents an important step towards greater securitization of the China real estate sector
SHANGHAI, CHINA & SINGAPORE - Media OutReach - 19 June 2023 - GLP C-REIT (SSE: 508056) has completed a landmark follow-on equity offering of RMB 1.85 billion (~$260 million) and the new shares have started trading on the Shanghai Stock Exchange (SSE).Read more: GLP C-REIT makes history with $260 million follow-on offering on Shanghai Stock Exchange