Koramco Life Infra REIT Disposes of Yuhwa Self Gas Station for Portfolio Rebalancing
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Koramco Life Infra REIT decided to dispose of the land and building of Yuhwa Self Gas Station in Gyeyang-gu, Incheon for 5.4 billion KRW.
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The asset is small relative to book value, representing 0.42% of total assets of 1.2881 trillion KRW, for portfolio rebalancing.
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The transaction size is negligible with no capital change, so it is unlikely to have a material impact on shareholder value.
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[AI Summary]This small asset sale is a routine portfolio adjustment with no significant effect on stock price or financial structure.
KOSPI Filing Information
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Real Estate Investment Company Real Estate Disposal
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Company: Koramco Life Infra REIT (357120)
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Submission: Koramco Life Infra REIT Co., Ltd.
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Under KRX KOSPI Market Division
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Shares: 97,335,354
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Price: 4,665 KRW
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Market Cap: 454.1 B KRW