Index Rebal Trades & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with 10+ years experience in fundamental and event-driven research.

On Smartkarma, I mainly publish insights on index flow events. This includes predicting regular and intra-review index changes and formulating market-neutral trading strategies based on flow catalysts. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Index Rebal Trades & Special Situations

Nippon Prologis (3283 JP) Offering: Lower Premium Vs Peers than Last Time

GLP J-Reit (3281 JP): Offering Could Trigger Outperformance Vs Peers

Nippon Building Fund (8951) - Calculating Passive Tracking of J-REITs and Index Events Around Offers

JREIT Offering: GLP J-REIT (3281 JP) - Take It Vs TSEREIT Index

Nippon Building Fund (8951): Offering Could Trigger Outperformance Vs TSEREIT Index

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<ul>
<li>On 15th May 2023, large-cap logistics JREIT <a href="https://www.smartkarma.com/entities/glp-j-reit" target="_blank" data-smartkarma-citation="entities:11009:1" rel="noopener">GLP J-REIT (3281 JP)</a> ("GLP") announced a follow-on equity offering to fund part of their recently-announced property acquisition. </li>
<li>The primary offer quantity is 209,991 units. In addition, there will also be an over-allotment quantity of 3,200 units. The total size of this offering could be roughly ¥30.6bn (~US$225mn). </li>
<li>In this insight, we take 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.</li>
</ul>


On 15th May 2023, large-cap logistics JREIT GLP J-REIT (3281 JP) ("GLP") announced a follow-on equity offering to fund part of their recently-announced property acquisition. 
The primary offer quantity is 209,991 units. In addition, there will also be an over-allotment quantity of 3,200 units. The total size of this offering could be roughly ¥30.6bn (~US$225mn). 
In this insight, we take 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.


Industrial & Infrastructure Fund Investment (3249 JP)

Industrial & Infrastructure Fund Investment

Mitsui Fudosan Logistics Park Inc (3471 JP)

GLP J-REIT（3281 JP）：同業他社より割安、上場が触媒となる可能性