Keppel-KBS US REIT IPO 6.7 times oversubscribed

The Singapore IPO raised $273m. The Singapore initial public offering (IPO) of Keppel-KBS US REIT has received 9,064 applications for 227,764,700 units. The public offer was 6.7 times oversubscribed, raising $273m (US$200.4m). According to a press release …
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