Perennial China Retail Trust plans to raise up to $674 million in its listing on the Singapore Exchange and placement with seven cornerstone investors. Allen & Gledhill, Commerce & Finance Law Offices, Allen & Overy and King & Wood are advising.
May 20, 2011 at 12:00 AM
1 minute read
Singaporean firm Allen & Gledhill and Chinese firm Commerce & Finance Law Offices are advising Perennial China Retail Trust on its renewed initial public offering on the Singapore Exchange.
The business trust, which is operated by Singapore’s Perennial Real Estate Pte. Ltd. and invests in Chinese real estate, is aiming to raise up to $356 million in the listing, with an additional $318 million from seven cornerstone investors.
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