Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
Lotte REIT Promoting KRW 167 billion Paid-in Capital Increase Lotte REIT is pursuing a paid-in capital increase worth KRW 167 billion. The main purpose of the second capital increase since its listing is to acquire new assets. Currently, Lotte REIT operates 15 real estate assets centered around retail and logistics centers, with retail assets accounting for 95% of the portfolio. It is in the process of diversifying the asset portfolio, which has been heavily focused on retail, into office and hotel properties. Currently, the REIT is pursuing the acquisition of L7 Gangnam Hotel, operated by Lotte Hotel. IGIS Asset Management Acquires Priority Office Loan Bonds in […]
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