Hanwha REIT is the first REIT offering from Hanwha Group, and it has now completed the general subscription process, which is the final step to the IPO. 6.96 million shares (KRW 34.8 billion), 30% of the total public offering of 23.2 million shares (KRW 116 billion), were allocated for general subscription. The general subscription took place on the 13th and 14th, with the final competition rate remaining at about 0.53 to 1. There is a subscription margin of around KRW 9.1 billion, approximately half, which was paid in advance. Hanwha REIT and the listing organizers plan to allocate the forfeited shares generated from general subscriptions through additional subscriptions to institutional […]