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Anthem Citizen Real Estate Development Trust Files Initial Public Offering Final Prospectus and Sets Closing Date for Offering

Benzinga LogoBenzinga14h ago

Anthem Citizen Real Estate Development Trust Files Initial Public Offering Final Prospectus and Sets Closing Date for Offering - Benzinga

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NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

The final long form prospectus is accessible through SEDAR+ VANCOUVER, British Columbia, Oct.16, 2024 (GLOBE NEWSWIRE) -- Anthem Citizen Real Estate Development Trust (the "REDT") announced today that it has received expressions of interest and commitments that in the aggregate are expected to achieve the maximum offering amount of C$82 million and has filed with the securities regulatory authorities in each of the provinces and territories of Canada, and obtained a receipt for, a final prospectus (the "Prospectus") for an initial public offering of its trust units (the "Offering").

The REDT is a newly created, unincorporated investment trust and was established for the primary purpose of indirectly owning an interest in a mixed-use, transit-oriented development project (the "Project") located in Burnaby, British Columbia.


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Article Details

Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 02:03:04 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 1211 words

Reading Time: 7 minutes read

Sentences: 31 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23096192

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Official Website: benzinga.com

Update Frequency: 4 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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Publisher ID: #54

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