Mirae Asset Global REIT Resumes Houston Logistics Center Purchase Mirae Asset Global REIT is promoting the incorporation of the logistics center of ‘Academy Houston’ in Katy, Texas once again. The Mirae Asset Global No. 1 REIT, owned by Mirae Asset Global REIT, will incorporate this asset. The purchase price is approximately KRW 250 billion, and KRW 150 billion of the purchase amount is via a senior secured loan, with an LTV ratio of approximately 61%. The remaining KRW 100 billion will be funded via a paid-in capital increase and convertible bonds (CB). KRW 70 billion will be raised through shareholder allocation and the remaining KRW 30 billion through CB or […]