IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

Takara Leben Real Estate Investment Corp / Equity Capital Markets

<p>Takara Leben REIT (TLR) unveiled plans to raise up to JPY14.7 billion ($140 million) through a public offering of 117,000 units. TLR, which is listed in July 2018, is a diversified J-REIT with a portfolio of office, residential, hotel, retail and other properties.</p><div class="content-highlight"><p>The proceeds from the placement will be used to will partly fund the JPY22.3 billion ($211 million) acquisitions of six properties. Overall, we believe that TLR has paid a full price and would be tempted to participate in the placement at around 10% discount to the last close price.</p></div>

Takara Leben REIT (TLR) unveiled plans to raise up to JPY14.7 billion ($140 million) through a public offering of 117,000 units. TLR, which is listed in July 2018, is a diversified J-REIT with a portfolio of office, residential, hotel, retail and other properties.The proceeds from the placement will be used to will partly fund the JPY22.3 billion ($211 million) acquisitions of six properties. Overall, we believe that TLR has paid a full price and would be tempted to participate in the placement at around 10% discount to the last close price.

Takara Leben REIT Placement: Fully Priced Acquisitions

Japan

Takara Leben Real Estate Investment Corp operates as a real estate investment trust. The Company invests and manages offices, houses, hotels, and commercial facilities. Takara Leben Real Estate Investment offers services in Japan.

Takara Leben Real Estate Investment Corp (3492 JP)

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Takara Leben REIT Placement: Fully Priced Acquisitions

Takara Leben REIT (TLR) unveiled plans to raise up to JPY14.7 billion ($140 million) through a public offering of 117,000 units. TLR, which is...

Arun George