Subsidiary KOCREF72 REIT Decides to Acquire Real Estate Worth KRW 523 Billion
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Subsidiary (KOCREF72 REIT) decides to acquire Hyundai Motor Seongnae Sales Office and 10 other properties for KRW 523 billion
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Purpose: Generate stable rental income
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Acquisition cost equals 40.6% of consolidated total assets (KRW 1.2881 trillion)
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Counterparty: Hyundai Motor Company
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Expected acquisition date: 2026-05-14
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Board resolution date: 2026-04-22 (outside directors absent)
KOSPI Filing Information
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Decision on Acquisition of Tangible Assets (Major Management Matters of Subsidiary)
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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: 4,360 KRW
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Market Cap: 424.4 B KRW