All eyes on Lotte Reit as W430bn IPO opens

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All eyes on Lotte Reit as W430bn IPO opens

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Big light multistorey shopping mall. Customers using escalators to get up and down. Trade centre of Petronas Twin Towers in Kuala Lumpur, Malaysia | danr13 - Fotolia

South Korean conglomerate Lotte has kicked off bookbuilding for a real estate investment trust IPO, marking the first float attempt in the country since Homeplus Stores pulled its billion-dollar Reit listing earlier this year.

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