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IPO: Investors flock to Dubai Residential REIT
Gulf News
|May 22, 2025
OVERALL SUBSCRIBER DEMAND SOARS PAST DH56 BILLION
The Dubai Residential REIT'S IPO price has been set at Dh1.1 a unit, which means Dubai's first stock market float of 2025 will have an initial market capitalisation of Dh14.3 billion, and a gross dividend yield of 7.7 per cent for 2025.
Dubai Residential REIT will pay Dh1.1 billion as dividend for this year.
Robust demand
Overall subscriber demand soared past Dh56 billion, which means an overall oversubscription of over 26 times at the final offer price.
Cette histoire est tirée de l'édition May 22, 2025 de Gulf News.
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