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Residential REIT raises IPO size

Gulf News

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May 20, 2025

The first DFM-bound IPO of 2025, Dubai Residential REIT, has increased its issue size from 1.625 billion to 1.95 billion units, raising its offering to institutional investors.

- BY MANOJ NAIR

This boost raises the offer from 12.5 per cent to 15 per cent of the REIT's issued unit capital. The offer price remains between Dh1.07 and Dh1.10 per unit, meaning the

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