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Soilbuild Business Space REIT Drops in Debut: Singapore Mover

Business Parks Of the estimated S$928.8 million raised from the IPO, the units subscribed by Lim and a term loan facility, S$820.5 million will be used to pay for Solaris business park, Eightrium @ Changi Business Park, Tuas Connection and West Park BizCentral, the company said in a statement yesterday. Another S$84.8 million will go toward repaying existing private-trust debt and the balance for the payment of IPO-related costs and working capital. REITs and business trusts were the biggest fundraisers in Singapores IPO market in the past year, according to data compiled by Bloomberg. Soilbuild REIT offers a dividend yield of 7.7 percent based on projections for fiscal 2014. That compares with an average yield of 3.24 percent for the Straits Times Index.
For the original version including any supplementary images or video, visit http://www.bloomberg.com/news/2013-08-16/soilbuild-business-space-reit-drops-in-debut-singapore-mover.html

Own a Business? click Work in a Business? Then Watch the Little League World Series

They love what they do. They stop and smell the roses. They have the enthusiasm and the attitude of a 12 year old. Because sometimes you need that type of childlike naivete to keep moving forward in the face of the challenges you'll encounter.
For the original version including any supplementary images or video, visit http://www.huffingtonpost.com/gene-marks/own-a-business-work-in-a_b_3766776.html

Don't be the product, buy the product!