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SENIOR HOUSING REIT JANUS LIVING VALUED AT $5.9 BILLION AS SHARES RISE IN NYSE DEBUT

  • NEWS Desk Global
  • 15 hours ago
  • 1 min read

Janus Living's shares rose 17.5% in their New York Stock Exchange debut ​on Friday, giving the U.S. seniors-focused real estate investment trust a ‌valuation of $5.92 billion and marking a notable green shoot for the sector.

The shares opened at $23.50, above the offer price of $20. The Denver-based REIT raised $840 million in its upsized U.S. initial public offering ​on Thursday, after selling 42 million shares at the top end ​of its marketed range of $18 to $20.


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