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Master of Capital Expansion, Shinhan Alpha REIT’s Public Paid-in Capital Increase Left Behind

2023. 05. 03 · Simok Kim
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

  Shinhan Alpha REIT has completed early recruitment of investors for paid-in capital increase, the fourth since listing and the first in the domestic REITs industry this year. The method sought was a public offering of forfeited stocks after the allocation of shareholders. This ended quickly with the subscription of old and new stocks far exceeding expectations in the first stage. Shinhan Alpha REIT’s capital increase recently raised the possibility of box office success in various streams prior to investor recruitment. The final issue price, which was drastically adjusted due to a sharp drop in stock price compared to the time of the announcement of the plan for capital increase, […]

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