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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...
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iFAST Corporation - Balloting Results

iFAST Corporation announced a strong set of IPO subscription results where the shares were 12.4x subscribed. The over-allotment option was exercised and in this regard, an additional 3.28m shares were issued. This will be used to support the share price should it decline below the IPO price on debut.

Public Allocation


Public investors who applied for 100 lots will have a 40% chance and get 11 lots.


It is interesting to note that the directors came out in full force to support the IPO and that 3 other reputable investors subscribed for more than 5% of the IPO tranche. It's a pity they didn't disclose the number of shares alloted to them.

Overall, i am surprised by the strong subscription results and the CEO attributed to strong support by institutional investors, especially those from London.

 

Let's see if the IPO will perform to expectations tomorrow. 

Happy iFASTing


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Anonymous said…
Reach 1.01.
11 December 2014 at 10:26
K said…
Hi.. where is the quickest place online to see the ipo ballot results?

Thanks
11 December 2014 at 16:29
Anonymous said…
Noluck! Ask 5 got 0
12 December 2014 at 16:44
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