HMC 1.79% $6.30 hmc capital limited

Can anyone explain what happens now?A new reit, but HMC is...

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    Can anyone explain what happens now?

    A new reit, but HMC is redistributing capital to the new reit? like is that like buildings that belonged to hmc under the new reit?

    I've read means hmc holders will also get some reit or something?
 
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