Seobu T&D Transfers Land and Buildings Worth 364.2 Billion KRW
[Asia Economy Reporter Geum Bo-ryeong] Seobu T&D announced on the 16th that it has decided to transfer land and buildings located in Yeonsu-gu, Incheon, worth 364.2 billion KRW to its subsidiary, Shinhan Seobu T&D Entrusted Management Real Estate Investment Company.
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The purpose of the transfer is "efficient and flexible asset management and improvement of financial structure through the securitization of held real estate."
This content was produced with the assistance of AI translation services.
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