BMO postpones REIT IPO as sector challenges cause volatility

Strong investor appetite

clock • 2 min read
REIT was supposed to announce on 1 October
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REIT was supposed to announce on 1 October

BMO has decided to postpone the IPO of a Responsible Housing REIT, which was supposed to announce the results of its fundraising last Friday (1 October), Investment Week has learned.

At the end of August, the REIT announced its intention to float and said it hoped to raise up to £250m via a placing, offer for subscription and intermediaries offer of ordinary shares. Investment Week...

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