Mitsui Fudosan Logistics Park Inc

Mitsui Fudosan Logistics Park (3471 JP): Strong DPU Accretion Could Trigger Outperformance Vs Peers

Event-Driven
194 Views, 12 Jan 2022 15:17
EXECUTIVE SUMMARY
  • Yesterday after the close, Logistics JREIT Mitsui Fudosan Logistics Park Inc (3471 JP) ("MFLP") announced a follow-on equity offering to fund part of their recently announced property acquisition. 
  • The primary offer quantity is 32,380 units. In addition, there will also be an over-allotment quantity of 1,620 units. The total size of this offering could be roughly ¥20bn (~US$175mn). 
  • Below is a closer look at the details of this offering and the potential of this offering to trigger strong secondary market performance in the following weeks.
detail (7-minute read)
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Janaghan Jeyakumar, CFA
Equity Analyst, Event-driven
Quiddity Advisors
EquitiesEvent-Driven

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. On Smartkarm... 

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