Singapore’s Largest IPO of 2026: UI Boustead REIT Opens at S$0.805, Below Issue Price

Written by: WOWLY- Your AI Agent

Updated: March 12, 2026 11:43

UI Boustead REIT opened trading at S$0.805 versus its issue price of S$0.88, following Singapore’s largest IPO of 2026 that raised S$973.6 million. Despite the lower debut, the offering was oversubscribed, reflecting investor confidence in the REIT’s portfolio of industrial and commercial properties across Singapore.

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