Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

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Equity Capital Markets

United Urban Investment / Equity Capital Markets

United Urban plans to raise US$321m in order to funds its purchase of Kawagoe logistics centre (around 25% of proceeds will be used for this), with the bulk of the proceeds being used to repay borrowings. The deal scores well on our framework in almost all categories. It is also likely to be accretive to DPU and the stock has held up well since the deal was announced. Furthermore, most of the previous deals in the  stock have done well. However, the equity issuance to pay down debt along with…

United Urban plans to raise US$321m in order to funds its purchase of Kawagoe logistics centre (around 25% of proceeds will be used for this), with the bulk of the proceeds being used to repay borrowings. The deal scores well on our framework in almost all categories. It is also likely to be accretive to DPU and the stock has held up well since the deal was announced. Furthermore, most of the previous deals in the  stock have done well. However, the equity issuance to pay down debt along with…

United Urban - Raising to Mostly Pay Down Debt; Good Track Record and past Deal Performance

Hulic REIT plans to raise US$280m, in order to funds its increase in stake in an existing asset, as well as purchase of two new assets.The deal scores a marginally positive score on our framework given that the acquisition is accretive and the shares have been trading well since the deal was announced. Although, the score on our framework is partially hampered by the lack of long term record, since it listed only in 2014.The large size of the placement versus ADV remains the main risk.<h2>Placement</h2>…

Hulic REIT plans to raise US$280m, in order to funds its increase in stake in an existing asset, as well as purchase of two new assets.The deal scores a marginally positive score on our framework given that the acquisition is accretive and the shares have been trading well since the deal was announced. Although, the score on our framework is partially hampered by the lack of long term record, since it listed only in 2014.The large size of the placement versus ADV remains the main risk.Placement…

Hulic REIT - Accretive but Large Placement

Japan

Hulic Reit, Inc. is a real estate investment trust which mainly invests in real estate and securitized real estate products. The Company invests mainly in properties which are business offices, commercial buildings and nursing homes.

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Hulic Reit Inc (3295 JP)

United Urban - Raising to Mostly Pay Down Debt; Good Track Record and past Deal Performance

United Urban plans to raise US$321m in order to funds its purchase of Kawagoe logistics centre (around 25% of proceeds will be used for this), with...

Sumeet Singh

Hulic REIT - Accretive but Large Placement

Hulic REIT plans to raise US$280m, in order to funds its increase in stake in an existing asset, as well as purchase of two new assets.The deal...

Sumeet Singh

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52-week Range

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