BSR REIT bought deal equity offering
Goodmans LLP acted for BSR Real Estate Investment Trust (the “REIT”) in connection with its public offering of trust units of the REIT (“Units”) to a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets and CIBC Capital Markets on a bought deal basis.
A total of 5,888,000 Units were issued at a price of US$19.55 per Unit for total gross proceeds to the REIT of US$115,110,400, which includes the gross proceeds from the full exercise of the over-allotment option granted to the underwriters to purchase an additional 768,000 Units.
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