Nippon Building Fund Watchlist
Nippon Building Fund (8951) - Calculating Passive Tracking of J-REITs and Index Events Around Offers
415 Views, 06 Jan 2022 22:44
Nippon Building Fund (8951 JP) announced a smallish primary offering to assist in funding a portion of its Asset Replacement Campaign involving sales and purchases and an uplift in DPU.
- That is an occasion to look at how much of float is held by passive trackers.
- A test was done on the top 10 J-REITs on a holder-by-holder basis to see what one could expect at a minimum. The result may surprise some.