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Shinhan Alpha REIT is one of the greatest success stories among Korean listed REITs. Even at the perparation stage it was shown as an excellent example for Korean listed REITs in all areas, including IR, incorporation of new assets, and management competency after listing. Listed in August 2018, its underlying assets were the Krafton Tower in Pangyo and The Prime Tower in Yongsan. Krafton Tower is a good growth indicator for Pangyo itself, which is sometimes called Korea’s Silicon Valley. Krafton, which went public in August, keeps its headquarters there. The tower is located right at Pangyo Station, the center of Pangyo. This asset is symbolic of the direction of […]
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Content Editor, Seoul Property Insight(SPI)
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