(Reuters) - Mapletree Industrial Trust's upcoming initial public offering is expected to raise about S$800 million ($598 million), sources briefed on the
deal said on Thursday.Mapletree Investment, a real estate firm owned by Singapore state investor Temasek [TEM.UL], intends to sell between 62.7 percent and 69 percent of the property trust, and offer investors a distribution yield of as high as 8 percent, the sources added. Full story
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