Ok, so read below, SALT had already bought into TOT, and then...

Ok, so read below, SALT had already bought into TOT, and then particapated in the CR, dont think they were overly happy with the CR, but appears
to be ok now.

From SALT Feb 2024 monthly update......falls under their "Enhanced Porperty fund"

The other main drag on relative performance was our small position
in 360 Capital REIT (TOT, -22.1%) who announced a rights issue
alongside their result. Similar to GDI, TOT is a small cap office fund
with high-quality well-located assets but highly geared. They have
decided to raise capital from existing shareholders rather than sell
assets in the current market where offers have been below
replacement value. We engaged with management and will fully
take-up our rights in the offer.


So seems ok to me.
NB I hold TPG only.