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Praemia REIM Plans Health-Care REIT IPO in Singapore Worth Up to 3 Billion
France’s Praemia REIM is exploring the possibility of launching a health-care real estate investment trust (REIT) in Singapore, potentially reviving the city's sluggish IPO market. The hospital assets included in the REIT are estimated to be valued between $2 billion and $3 billion, with plans to raise several hundred million dollars from the initial share sale.
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