Keppel DC REIT announced its balloting results this evening.
For the public tranche, it was around 9.6x subscribed.
Looking at the balloting table above, investors who applied for 100 lots will have a 50% chance of getting 23 lots....
Mr IPO's balloting results
Mr. IPO have not bathed for weeks.... and was unsuccessful despite a 50% probability of getting the shares.... :(
With regards to the placement tranche, nothing to shout about. Two Temasek related entities subscribed for the placement tranche and the independent directors invested in the REIT as well.
It will be interesting to see how the shares performed tomorrow.
Happy Data REITing.