Street Talk

360 Capital Mortgage REIT set to launch rights issue

Sarah Thompson, Kanika Sood and Emma Rapaport

Updated Mar 26, 2025 – 9.09am, first published at 8.41am

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360 Capital Mortgage REIT was warming up its investors to launch an $11.1 million entitlement offer on Wednesday morning to invest in new loans and to top up existing ones.

Sources said the REIT would offer the shares on a one-for-three basis. It had hired three brokers – Ord Minnett, MST Capital Markets, and Shaw & Partners – to run the deal.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.