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  - WN.COM - Americas - 25/Jul 16:29

GO Residential REIT drops on debut after oversubscribed $410M IPO

GO Residential Real Estate Investment Trust (REIT) shares declined as much as 3.3% in early trading Friday following its $410 million initial public offering, the first corporate IPO on the Toronto Stock Exchange (TSX) in 2025. Despite the early dip, the offering marks a notable reopening of Canada’s IPO market, which has remained largely quiet since late 2024. Shares of the New York-based real estate investment vehicle were priced at $15 each but were trading at $14.50 as of 9:44 a.m. in Toronto,...

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GO Residential REIT drops on debut after oversubscribed $410M IPO

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