Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

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

On Smartkarma, I mainly publish insights on index flow events in the Asia-Pacific region. This includes predicting regular and intra-review index changes and estimating upcoming passive flows. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Pan-Asia Index Flows & Special Situations

J-REIT Offering Primer: Get Ready for Offering Season 2021

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/hoshino-resorts-reit-inc" target="_blank" data-smartkarma-citation="entities:6976:1" rel="noopener">Hoshino Resorts Reit (3287 JP)</a>  ("HRR") announced a follow-on equity offering after market close on 10th November 2021 to fund part of their recent property acquisition. </li>
<li>The primary offer quantity is 19,630 units. In addition, there will also be an over-allotment quantity of 969 units. The total size of this offering could be roughly ¥13.8bn (~US$120mn). </li>
<li>Below, we take a look at the attractiveness of HHR's latest offering with greater emphasis on the potential for strong post-offering secondary market performance. </li>
</ul>



Hoshino Resorts Reit (3287 JP)  ("HRR") announced a follow-on equity offering after market close on 10th November 2021 to fund part of their recent property acquisition. 
The primary offer quantity is 19,630 units. In addition, there will also be an over-allotment quantity of 969 units. The total size of this offering could be roughly ¥13.8bn (~US$120mn). 
Below, we take a look at the attractiveness of HHR's latest offering with greater emphasis on the potential for strong post-offering secondary market performance. 


Hoshino Resorts REIT (3287 JP): Offering Seems Unexciting