On the 22nd, at the Royal Hotel in Myeongdong, Jong-eun Lee, Head of Investment Management at NH Nonghyup REITs Management, is giving an investment presentation on 'NH Prime REITs' to attendees of the '2020 Public Offering and Listed REITs Investment Conference'.
[Asia Economy Reporter Park Sun-mi] NH Nonghyup REITs Management held an IR session for NH Prime REITs at the '2020 Public Offering & Listed REITs Investment Conference' held at the Royal Hotel in Myeongdong on the 22nd.
Lee Jong-eun, Head of Investment Management at NH Nonghyup REITs Management, who presented at the IR, stated, “Although the current public offering and listed REITs market is somewhat sluggish, considering the current situation where the composite stock index's upward trend has stalled, REITs capable of providing stable dividends will receive more attention.”
He added, “Major office buildings in Seoul that have recently been traded or are scheduled for trading are continuously setting record high prices. The underlying assets included in NH Prime REITs are superior assets compared to other recently traded assets, and the total dividend yield considering potential sales is expected to exceed the planned rate due to the anticipated increase in asset value.”
He also said, “Due to the economic downturn caused by COVID-19, the low interest rate environment is expected to continue for a long time, so for REITs established in the past, refinancing can reduce financial costs, providing ample potential for increased profitability.”
The IR materials regarding the growth direction and management strategy of NH Prime REITs presented on this day can also be found on the NH Prime REITs website.
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