Keppel-KBS US REIT IPO 6.7 times oversubscribed
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).
See announcement of Keppel-KBS US REIT IPO Balloting Result here.
Compare Keppel-KBS US REIT IPO Prospectus with other Singapore REITs here.