bullish
Kenedix Office/Resi/Commercial Three-Way Merger - Size Matters and Index Flows Do Too
998 Views13 Jun 2023 20:39
Kenedix is merging its three smaller-sized REITs into a larger one (top three in terms of gross assets, top 10 in terms of market cap). Size effect and index inclusion should see it outperform.
Boomeranged on Wed, 30 Aug 2023 11:04
The Kenedix super-group REIT merger has performed well (and outperformed the TSE REIT Index) since the merger announcement. That means it is more likely to get the nod from MSCI as an inclusion. That means A LOT of shares to buy still.
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