Expected to be Thailand's biggest IPO in more than five years, the sale is scheduled to be priced on March 5. The listed Tesco Lotus Property Fund will initially feature a portfolio of 15 existing shopping centres, each anchored by a hypermarket, IFR said.
The pre-marketing will run for two weeks, with the roadshow slated to start on February 20. The listing will comprise an international and a domestic tranche.
Bank of America Merrill Lynch
(Reporting by Fiona Lau; Editing by Greg Mahlich)