ESR Kendall Square REIT, Korea's First Logistics Specialized REIT, Successfully Completes Demand Forecast
[Asia Economy Reporter Eunmo Koo] ESR Kendall Square REIT has successfully completed the demand forecast conducted for institutional investors.
ESR Kendall Square REIT announced on the 3rd that about 100 domestic and international institutional investors participated in the demand forecast held from the 25th of last month to the 2nd. Overseas institutional investors accounted for more than 40%, and about 95% of domestic institutional investors reportedly committed to lock-up agreements.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- Individual Investors Absorb Foreign Sell-Off... Concerns Over Becoming "Cannon Fodder" Emerge
- "This Strike Must Fail": Criticism Emerges Within Samsung as DS-MX Conflict Surfaces
- "Steady 1 Million Won a Month"...National Pension Recipients Surpass 1.1 Million
- "No Cure Available, Spread Accelerates... Already 105 Dead, American Infected"
The general subscription volume of ESR Kendall Square REIT is 17.86 million shares, which is 25% of the total public offering volume of 71.45 million shares. General investor subscriptions will be conducted from the 4th to the 8th, and the listing on the KOSPI market is scheduled for the 23rd. General investor subscriptions can be made through Korea Investment & Securities, NH Investment & Securities, KB Securities, and Samsung Securities. The lead underwriters are Korea Investment & Securities, Citigroup Global Markets Securities, and Morgan Stanley International.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.