Daesin Asset Trust Signs Business Agreement for Gangbyeon Hanshin Core Redevelopment Project

Daeshin Asset Trust announced on the 14th that it signed a Memorandum of Understanding (MOU) with the Redevelopment Project Association Establishment Promotion Committee for the redevelopment project of Gangbyeon Hanshin Coa, located along the Han River in Mapo-dong, Mapo-gu, Seoul, on the 12th.

Gangbyeon Hanshin Coa is located at the northern end of Mapo Bridge, close to Mapo Station, and offers a permanent view of the Han River. Once redeveloped, it is expected to become a landmark of Mapo, increasing its value. It is adjacent to the Han River Park and is located 300 meters from Mapo Station and 10 minutes by public transportation to Yeouido Station, making it excellent for proximity between residence and workplace.

The Association Establishment Promotion Committee expressed high expectations for the swift project advancement based on Daeshin Asset Trust’s expertise and financing capabilities.

Kim Song-gyu, CEO of Daeshin Asset Trust, said, "Based on our extensive experience and expertise in maintenance projects, we will make Gangbyeon Hanshin Coa a landmark of Mapo," adding, "With full support from Daeshin Financial Group, we will reduce the contribution fees and repay with maximum benefits."

Daeshin Asset Trust has developed its expertise through redevelopment and maintenance projects in areas such as Changsin and Toegyewon 4 District. Leveraging its excellent project capabilities, it was also selected as the preferred negotiator for the Mokdong 13 Complex reconstruction project and the redevelopment project near Sinimun Station.

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