Malaysia's Sunway REIT has begun pre-marketing for its initial public offering. If the company raises its goal amount of $500 million, it will be the largest REIT in the country as well as the largest IPO. "At last, Malaysia will have a large, liquid REIT. We estimate Sunway REIT's free-float will be 73% of the entire current REIT sector added together," a syndicate research report says.
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