TSE:8966REITs
Is Heiwa Real Estate REIT (TSE:8966) Still Cheap As New Unit Issuance Raises Dilution Questions?
Why Heiwa Real Estate REIT’s New Equity Offering Matters Now
Heiwa Real Estate REIT (TSE:8966) has completed a ¥11.59b follow-on equity offering, issuing 87,700 new income trust units at ¥132,122 each. This was at a modest discount, raises fresh capital, and introduces potential dilution for existing holders.
See our latest analysis for Heiwa Real Estate REIT.
Heiwa Real Estate REIT’s latest equity issuance lands at a time when momentum has softened, with the 90 day share price return down...