Prime US REIT prices private placement at $0.25 to raise $32.3m

About 129.2 million new units will be issued.

Prime US REIT has fixed the price of its private placement at $0.25 (US$0.1935) per unit, raising about $32.3m (US$25 m) in gross proceeds.

A total of 129,199,000 new units will be issued after the order book closed on 25 September 2025, following an accelerated book-building process led by DBS Bank Ltd. and Maybank Securities Pte. Ltd. as joint bookrunners and underwriters.

The issue price represents a 10% discount to the volume-weighted average price of $0.28 (US$0.2150) and a 9% discount to the adjusted VWAP of $0.27 (US$0.2126) based on trades on 24 September 2025. The placement attracted strong demand from institutional funds, private wealth, and multi-strategy investors.

The new units will rank pari passu with existing units for all future distributions except the previously declared Advanced Distribution and 1H2025 Distribution.

Trading on the SGX Main Board is expected to start at 9:00 a.m. on 6 October 2025, subject to exchange approval.

Prime US REIT said no director, CEO, or unitholder holds 20% or more of total units as of the announcement date.

A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia