Shinhan Alpha REITs "Additional Acquisition of 8.9 Million Subsidiary Shares for 89 Billion KRW"

[Asia Economy Reporter Song Seung-yoon] Shinhan Alpha REITs, a KOSPI-listed company, announced on the 10th that it will additionally acquire 8.9 million shares of its real estate rental subsidiary, Shinhan K No.1 Trust Management Real Estate Investment Company, for 89 billion KRW.

After the stock acquisition, Shinhan Alpha REITs' stake in Shinhan K No.1 Trust Management Real Estate Investment Company will be 60.6%. The scheduled date for the stock acquisition is the 23rd.