IGB Commercial REIT to have market cap of RM2.3b on listing


IGB Real Estate Investment Trust owns Mid Valley Megamalll and the neighbouring Gardens Mall in Kuala Lumpur.

KUALA LUMPUR: IGB Commercial REIT is expected to have a market capitalisation of RM2.30bil upon listing on the Market of Bursa Malaysia Securities Bhd.

It had on Thursday launched its prospectus where it will be sixth largest Malaysian REIT and the largest standalone office REIT by market capitalisation, net lettable area (NLA) and appraised value.

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