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Daishin Value REIT Successful Pre-IPO with KRW 202.4 billion Raised, Expected Quarterly Dividend of 6.4% Daishin Financial Group announced on the 27th that Daishin Value REIT, using its building Daishin 343, has successfully completed a pre-IPO equity investment of KRW 204.4 billion. Participants included large insurance companies, major investment banks like KB Securities and Korea Investment & Securities, and funds from Kyobo AIM Asset Management’s blind fund, K-Clavis Asset Management, and GRE Partners Asset Management. Daishin Value REIT has signed long-term lease contracts of up to 10 years with group affiliates including Daishin Securities, and aims for a quarterly dividend return of approximately 6.4% on average over 7 […]
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