FrontView REIT seeks to raise up to $277 million in US IPO

Yahoo Finance
2024.09.24 10:40
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FrontView REIT plans to raise up to $200 million in its US IPO, offering 13.2 million shares priced between $14 and $16 each. The firm, based in Dallas, focuses on properties along high-traffic roads and will be listed on the NYSE under the symbol "FVR". Major underwriters include Morgan Stanley, J.P. Morgan, Wells Fargo Securities, and BofA Securities. The REIT is expected to benefit from the Federal Reserve's monetary policy easing cycle.