what purpose does an IPO serve and how does an IPO benefit the REIT?
In: Economics
An IPO is a way of raising cash for a company, by selling shares of the company on the public markets.
It’s no different for an REIT vs any other type of company.
The benefit of course is that having cash means the company can spend it on things, in the case of an REIT they’ll likely use it to buy more real estate.
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