The Business Times reports that KBS Prime US Reit plans up to US$705 million IPO in June:

KBS Realty Advisors, the US-based real estate private equity firm which has been eyeing a second Reit listing in Singapore since last year, is reaching out to investors again with plans to list KBS Prime US Reit in June.

This would come after the succesful listing of Keppel-KBS US REIT.