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ILPT News

January IPOs raise $9 billion in record-breaking start to 2018

Industrial Logistics Properties Trust logo

The IPO market had the biggest January on our records (25+ years) by IPO proceeds and tied 2014's record-high by deal count. The month's 17 IPOs raised $9.2 billion, or 4.5x more proceeds than the average January over the past decade. January is...read more

US IPO Weekly Recap: Energy heats up in the first 4 IPOs of 2018

LBRT

Four companies raised a combined $1.2 billion in the first active week of 2018. Fracking services provider Liberty Oilfield Services upsized its offering and traded up 28%, the best first day pop for an energy IPO since 2014. On the other hand,...read more

Industrial Logistics prices IPO at $24, well below the $28 to $31 range

Industrial Logistics Properties Trust logo

Industrial Logistics Properties Trust, an RMR-managed industrial REIT spun out of Select Income REIT, raised $480 million by offering 20 million shares at $24, well below the range of $28 to $31. Industrial Logistics Properties Trust plans to list on the Nasdaq ...read more

US IPO Weekly Recap: IPO calendar begins to fill up in the first week of 2018

ADT

A flurry of IPOs joined the calendar to kick off the new year, most notably ADT. Less than two years since Apollo took the security services behemoth private, ADT (ADT) launched a $2 billion public offering that will value the company at $14 billion. After ...read more