Manulife Reit balloting results just came out in late evening which I thought I will just update here. If you would like to see my earlier analysis on the IPO, you can view here. The Placement tranche of 350,782,200 units were oversubscribed and 45,787,100 units for the public offer were 1.6x oversubscribed. This actually pales in comparison with the previous other reits IPO sch as BHG Reit and Ireit which was 7.6x and 7.5x oversubcribed respectively. If we analyse the breakdown below, you would see that the chances of getting the subscription is actually pretty high. For instance, if you bid anywhere between 10,000 to 19,900 shares, your chances are 60% (30/50) of getting allocated 10,000 shares. If you bid between 20,000 to 49,900, your chances are even higher at 70% (35/50) of getting allocated 20,000 shares. I was not expecting this much allocation actually after ......