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    NTT DC REIT starts bookbuilding of up to $812.3 million IPO in Singapore, term sheet shows

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    30/06/2025 02:39
    SYDNEY/SINGAPORE, June 30 (Reuters) - NTT DC REIT has started bookbuilding for an up to $812.3 million initial public offering on the Singapore Exchange, showed a term sheet seen by Reuters on Monday.

Bookbuilding is a process during which underwriters and investment banks gauge investor demand to finalise the share price.

 (Reporting by Scott Murdoch in Sydney and Yantoultra Ngui in Singapore; Editing by Christopher Cushing)

 ((Yantoultra.Ngui@thomsonreuters.com;))

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