Daiwa House Reit IPO crumbles as Reit market resumes its slide

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Daiwa House Reit IPO crumbles as Reit market resumes its slide

The IPO of Daiwa House Real Estate Investment Trust has been cancelled due to poor market conditions and a slumping J-Reit market, despite three powerful leads in the form of Morgan Stanley, Nikko Citigroup and Nomura.

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