Maston Premier REITs Submits Securities Registration Statement... Begins Listing Process

Aerial view of the Amazon logistics center in France

[Asia Economy Reporter Minji Lee] Maston Investment Management announced on the 7th that it has submitted the securities registration statement for Maston Premier REITs to the Financial Supervisory Service and has officially begun the public offering process.

Maston Premier REITs holds high-quality domestic and international assets as underlying assets, including ▲Amazon logistics center in France ▲Incheon Hangdong smart logistics center ▲Crystal Park in France.

Amazon and Coupang are each leasing 100% of the Amazon logistics center in France and the Incheon Hangdong smart logistics center, respectively. With the recent spread of non-face-to-face lifestyles leading to increased cargo volume, investor attention is focused on logistics-related REITs. The fact that these assets are chosen by top companies in the e-commerce industry further highlights the asset attractiveness of Maston Premier REITs.

Crystal Park in France is located in Neuilly-sur-Seine, Paris, a key area comparable to Gangnam in Korea. Prestigious global companies such as PwC, IFF, and Est?e Lauder are tenants, and it is evaluated as an 'optimal asset for the post-COVID-19 era' due to its pleasant outdoor environment and green building certification.

The two Amazon logistics centers and Crystal Park office located in France have long-term lease contracts linked to the commercial real estate rent index based on the French inflation index, so dividend yield increases due to inflation are also expected.

As of the first quarter of this year, Maston Investment Management's cumulative assets under management (AUM) amount to approximately 30 trillion KRW. It is demonstrating industry-leading performance through changes and innovations that lead market trends, including 40 logistics asset investments, which have recently recorded the highest returns among commercial real estate sectors.

Daehyung Kim, CEO of Maston Investment Management, stated, “We will grow Maston Premier into Korea’s best REIT, well embodying Maston’s DNA of change and innovation.”

Meanwhile, Maston Premier REITs plans to be listed on the KOSPI market within the first half of the year following a public offering in May, with Samsung Securities as the lead underwriter.

This content was produced with the assistance of AI translation services.