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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

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