Nomura Real Estate Master Fund Placement - Past Deal Did Well Only After a Slight Correction

APAC IPOs & Placements

Zhen Zhou, Toh

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Nomura Real Estate Master Fund / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/nomura-real-estate-master-fu" target="_blank" data-smartkarma-citation="entities:22930:1" rel="noopener">Nomura Real Estate Master Fund (3462 JP)</a> (NREM) is looking to raise about US$285m to acquire nine properties. We have covered the previous placement earlier this year in:</p>
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<a href="https://www.smartkarma.com/insights/nomura-real-estate-master-fund-placement-past-deal-did-well-only-after-a-slight-correction" target="_blank" data-smartkarma-citation="insights:27954" rel="noopener">Nomura Real Estate Master Fund Placement - Past Deal Did Well Only After a Slight Correction</a> </li>
</ul>
<p>In this note, we will take a look at the assets to be acquired, impact of the acquisition, and deal dynamics. We will also run the deal through our ECM framework.</p>

Nomura Real Estate Master Fund (3462 JP) (NREM) is looking to raise about US$285m to acquire nine properties. We have covered the previous placement earlier this year in:


Nomura Real Estate Master Fund Placement - Past Deal Did Well Only After a Slight Correction 

In this note, we will take a look at the assets to be acquired, impact of the acquisition, and deal dynamics. We will also run the deal through our ECM framework.

Nomura Real Estate Master Fund Placement - Muted Returns in the Near-Term for the past Two Deals