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IPO Chilli Ratings

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UI Boustead REIT — Singapore's Biggest REIT IPO in Years. Is It Worth Applying For?

UI Boustead REIT ("UIB REIT") launched its IPO at $0.88 per unit and the IPO is open for public subscription from now till  10 March 2026 noon , with trading commencing on 12 March 2026 . This is one of the largest REIT IPOs we have seen in some time. As always, I will walk through the background of the REIT, share what I find compelling, flag the areas of concern, benchmark it against listed peers, and close with the chilli rating. The post is generated with the aid of AI but vetted by Mr. IPO About UI Boustead REIT UI Boustead REIT is a Singapore-focused industrial and business park REIT backed by the sponsor entity UIB Holdings — a joint venture between Macquarie Asset Management (managing over US$588 billion in assets globally) and Boustead Singapore , a long-established SGX-listed engineering and real estate group. The pairing brings Macquarie's institutional capital markets expertise together with Boustead's deep operational knowledge of Singapore...

Viva Industrial Trust - Balloting Results

Viva Industrial Trust ("VIT") finally released its balloting results, slightly later than usual.

The public offer of 21m shares was slightly more than 5x subscribed and the balloting table is below for your reference:



You can see that they have allocated a lot of shares to the "big buyers", i.e. those who applied 50-99 lots will get 40 lots and those who applied for 100-299 lots will get 87 lots. I am not too sure if these bidders will be too happy when the IPO starts on next monday at 2pm. 

Good luck. As mentioned in my earlier post and on facebook page, i have given it a miss.

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