ESR Kendall REIT's 150 Billion Won Capital Raise and Continued Outperformance of Korean REITs
The interest rate gap on ESR Kendall REIT's expected dividend yield (5.7%) is now nearly 3% higher than the 10 year South Korean government bond...
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Lotte Global Logistics IPO - Thoughts on Peer Comp and Valuation
Lotte Global Logistics aims to raise around US$140m in its Korea IPO via selling a mix of primary and secondary shares. In this note, we talk about...
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Lotte Logistics Pre-IPO - Sluggish Revenues, High Dependence on Group Affiliates
Lotte Global Logistics (LGG KS) aims to raise around US$140m in its Korea IPO via selling a mix of primary and secondary shares.
376 Views
Samsung FN REIT: Book Building Results
Samsung FN REIT announced its IPO book building results. The core investment thesis of Samsung FN REIT is that it is the only publicly listed...
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Launch of Two New REIT Indices by KRX and Two New REIT ETFs in Korea
The launch of the two new REIT indices by the Korea Exchange and two new REIT ETFs are likely to accelerate higher demand for high quality REITs in...
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