Dubai Holding Boosts Reit IPO Size to as Much as $584 Million
Dubai Holding boosted the size of the initial public offering of its residential real estate investment trust, seeking to raise as much as $584 million amid strong demand from domestic and international investors.
The investment firm owned by Dubai's ruler had earlier planned to raise as much as $487 million from the IPO of Dubai Residential REIT, in what will be the emirate's first listing of the year.
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