Correction to UI Boustead REIT Article on Feb. 27

Dow Jones08:06

(UI Boustead REIT's deal comes after NTT DC REIT and Centurion Accommodation REIT listed in Singapore last year. "UI Boustead REIT Seeks to Raise Nearly US$950 Million in Singapore IPO," at 0110 GMT on Feb. 27, incorrectly said UI Boustead's deal size beats that of NTT DC REIT's IPO and that it is the largest REIT and business trust listing in Singapore since NetLink NBN Trust. The correct version follows: )

By Megan Cheah

UI Boustead REIT plans to raise around US$950 million in an initial public offering.

The real-estate investment trust, which was spun off from engineering and technology company Boustead Singapore, plans to raise 1.2 billion Singapore dollars, equivalent to US$949.3 million, in the offering, The trust plans to set the offering's unit price at S$0.88 each, it said in its IPO prospectus.

The logistics and industrial-focused REIT has secured cornerstone investors including Japan's Amova Asset Management, Amundi Singapore, JPMorgan Asset Management Singapore and DBS Bank. The S$1.2 billion figure includes proceeds to be raised from cornerstone investors, as well as the REIT's sponsor.

UI Boustead REIT's deal comes after NTT DC REIT and Centurion Accommodation REIT listed in Singapore last year.

DBS, United Overseas Bank and Citi are among banks advising on UI Boustead's IPO.

Singapore is one of the largest markets for REITs and property trusts in Asia, with nearly 40 listed trusts and a combined market capitalization of approximately S$100 billion as of December 2025.

Write to Megan Cheah at megan.cheah@wsj.com

(END) Dow Jones Newswires

March 05, 2026 19:06 ET (00:06 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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The correct version follows: ) \n</p>\n<pre style=\"white-space: pre\">\n \n \n</pre>\n<p>\n  By Megan Cheah \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  UI Boustead REIT plans to raise around US$950 million in an initial public offering. \n</p>\n<p>\n  The real-estate investment trust, which was spun off from engineering and technology company <a href=\"https://laohu8.com/S/BSTGF\">Boustead Singapore</a>, plans to raise 1.2 billion Singapore dollars, equivalent to US$949.3 million, in the offering, The trust plans to set the offering's unit price at S$0.88 each, it said in its IPO prospectus. \n</p>\n<p>\n  The logistics and industrial-focused REIT has secured cornerstone investors including Japan's Amova Asset Management, Amundi Singapore, JPMorgan Asset Management Singapore and DBS Bank. The S$1.2 billion figure includes proceeds to be raised from cornerstone investors, as well as the REIT's sponsor. \n</p>\n<p>\n  UI Boustead REIT's deal comes after NTT DC REIT and Centurion Accommodation REIT listed in Singapore last year. \n</p>\n<p>\n  DBS, <a href=\"https://laohu8.com/S/UOVEF\">United Overseas</a> Bank and Citi are among banks advising on UI Boustead's IPO. \n</p>\n<p>\n  Singapore is one of the largest markets for REITs and property trusts in Asia, with nearly 40 listed trusts and a combined market capitalization of approximately S$100 billion as of December 2025. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Megan Cheah at megan.cheah@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2026 19:06 ET (00:06 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Correction to UI Boustead REIT Article on Feb. 27</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCorrection to UI Boustead REIT Article on Feb. 27\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-06 08:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (UI Boustead REIT's deal comes after NTT DC REIT and <a href=\"https://laohu8.com/S/8C8U.SI\">Centurion Accommodation REIT</a> listed in Singapore last year. \"UI Boustead REIT Seeks to Raise Nearly US$950 Million in Singapore IPO,\" at 0110 GMT on Feb. 27, incorrectly said UI Boustead's deal size beats that of NTT DC REIT's IPO and that it is the largest REIT and business trust listing in Singapore since NetLink NBN Trust. The correct version follows: ) \n</p>\n<pre style=\"white-space: pre\">\n \n \n</pre>\n<p>\n  By Megan Cheah \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  UI Boustead REIT plans to raise around US$950 million in an initial public offering. \n</p>\n<p>\n  The real-estate investment trust, which was spun off from engineering and technology company <a href=\"https://laohu8.com/S/BSTGF\">Boustead Singapore</a>, plans to raise 1.2 billion Singapore dollars, equivalent to US$949.3 million, in the offering, The trust plans to set the offering's unit price at S$0.88 each, it said in its IPO prospectus. \n</p>\n<p>\n  The logistics and industrial-focused REIT has secured cornerstone investors including Japan's Amova Asset Management, Amundi Singapore, JPMorgan Asset Management Singapore and DBS Bank. 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The S$1.2 billion figure includes proceeds to be raised from cornerstone investors, as well as the REIT's sponsor.UI Boustead REIT's deal comes after NTT DC REIT and Centurion Accommodation REIT listed in Singapore last year.DBS, United Overseas Bank and Citi are among banks advising on UI Boustead's IPO.Singapore is one of the largest markets for REITs and property trusts in Asia, with nearly 40 listed trusts and a combine","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999013353.USD":"SCHRODER ASIAN INCOME FUND\"A\" (USDHDG) INC","LU0251143029.SGD":"Fidelity ASEAN A-SGD","LU0084288322.USD":"Natixis Asia Equity RD USD","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","SG9999001127.SGD":"United Singapore Growth Fund SGD","LU0630378429.USD":"HSBC GIF ASIA PACIFIC EX JAPAN EQ HD \"AM2\" (USD) INC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","LU0011963245.USD":"abrdn SICAV I ASIA PACIFIC SUSTAINAB  LE EQUITY \"A\" (USD) ACC","LU0823038988.USD":"AMUNDI FUNDS ASIA EQUITY FOCUS  \"A2\" (USD) ACC","8C8U.SI":"Cent Accom REIT","F9D.SI":"宝德新加坡","LU0955623706.USD":"SCHRODER ISF ASIAN DIVIDEND MAX \"A\" (USD) ACC","CFA.SI":"NikkoAM-STC Asia REIT","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","LU0823413660.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) INC","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","LU0345775950.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) ACC","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SG9999001226.SGD":"UNITED SUSTAINABLE ASIA TOP 50 \"A\" (SGD) ACC","SG9999007991.SGD":"Schroder Asian Income A Dis SGD","LU0823397103.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) ACC","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","BK6045":"建筑与工程","SG9999009443.AUD":"SCHRODER ASIAN INCOME FUND \"A\"(AUDHDG) INC","LU1634259557.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD-H","BK4532":"文艺复兴科技持仓","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU0577902611.USD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"A\" (USD) ACC","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","LU0878005551.USD":"UBS (LUX) KEY SELEC ASIA ALLOCATION OPPORTUNITY (USD) \"P\" (USD) ACC","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","LU1497734951.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund ASDM SGD-H","LU0882747503.HKD":"UBS (LUX) KEY SELEC ASIA ALLOCATION OPPORTUNITY (USD) \"P\" (HKD) INC","UI":"厄比奎蒂","REIT":"ALPS Active REIT ETF","LU0048597586.USD":"富达亚洲焦点A","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","LU0061477393.USD":"CT (LUX) I ASIA EQUITY INCOME \"AU\" (USD) ACC","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","LU1504937902.USD":"CT (LUX) I ASIAN EQUITY INCOME \"DUP\" (EUR) INC","LU0192582467.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" (USD) INC MF","LU0823413587.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) ACC","LU1130305938.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD-H","SG9999001903.USD":"Aberdeen Standard Pacific Equity USD","LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC"},"translate_title":"2月27日UI Boustead REIT文章更正","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"8C8U.SI":1.5,"F9D.SI":0.9,"UI":1.5,"REIT":1.5,"CFA.SI":1.5},"content_text":"(UI Boustead REIT's deal comes after NTT DC REIT and Centurion Accommodation REIT listed in Singapore last year. \"UI Boustead REIT Seeks to Raise Nearly US$950 Million in Singapore IPO,\" at 0110 GMT on Feb. 27, incorrectly said UI Boustead's deal size beats that of NTT DC REIT's IPO and that it is the largest REIT and business trust listing in Singapore since NetLink NBN Trust. The correct version follows: ) \n\n\n \n \n\n\n  By Megan Cheah \n\n\n \n\n\n  UI Boustead REIT plans to raise around US$950 million in an initial public offering. \n\n\n  The real-estate investment trust, which was spun off from engineering and technology company Boustead Singapore, plans to raise 1.2 billion Singapore dollars, equivalent to US$949.3 million, in the offering, The trust plans to set the offering's unit price at S$0.88 each, it said in its IPO prospectus. \n\n\n  The logistics and industrial-focused REIT has secured cornerstone investors including Japan's Amova Asset Management, Amundi Singapore, JPMorgan Asset Management Singapore and DBS Bank. The S$1.2 billion figure includes proceeds to be raised from cornerstone investors, as well as the REIT's sponsor. \n\n\n  UI Boustead REIT's deal comes after NTT DC REIT and Centurion Accommodation REIT listed in Singapore last year. \n\n\n  DBS, United Overseas Bank and Citi are among banks advising on UI Boustead's IPO. \n\n\n  Singapore is one of the largest markets for REITs and property trusts in Asia, with nearly 40 listed trusts and a combined market capitalization of approximately S$100 billion as of December 2025. \n\n\n \n\n\n  Write to Megan Cheah at megan.cheah@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 05, 2026 19:06 ET (00:06 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2617577096","isCrawlerRequest":true}