UI Boustead REIT debuts on SGX‑ST as first Mainboard IPO of 2026
Its stock code is SGX:UIBU.
UI Boustead REIT began trading on the Singapore Exchange Securities Trading Limited (SGX‑ST) Mainboard at 2:00 pm on 12 March 2026 under the stock code SGX:UIBU.
The REIT is the first SGX‑ST Mainboard and REIT initial public offering (IPO) of the year, according to its manager, UIB REIT Management Pte. Ltd.
It raised about $973.6m from the IPO, with cornerstone investors subscribing for $377.7m, equivalent to approximately 429.18 million units.
The placement tranche and Singapore Public Offer were subscribed 3.3 times and 2.9 times, respectively.