[Asia Economy Reporter Song Hwajeong] Mirae Asset Global REITs is showing weakness on its first day of listing.


As of 9:26 AM on the 3rd, Mirae Asset Global REITs was trading at 5,230 KRW, down 80 KRW (1.51%) from the opening price. The opening price was set at 5,310 KRW, which is 6.2% higher than the public offering price of 5,000 KRW.


Mirae Asset Global REITs recorded the highest competition rate among listed REITs in both the demand forecast and subscription held last month. The demand forecast competition rate was 1,019.58 to 1, and the subscription competition rate for general investors was 753.4 to 1, attracting deposits totaling 11.316 trillion KRW.



Mirae Asset Global REITs is a perpetual listed REIT investing in real estate such as logistics centers, data centers, and offices located in key regions of major developed countries including the United States and Western Europe. It currently holds as underlying assets the Amazon Houston, FedEx Tampa, and FedEx Indianapolis logistics centers, all leased on a long-term basis for over 10 years with 100% leased area.


This content was produced with the assistance of AI translation services.

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