[Click e-Stock] "IMarketKorea Expected to Benefit from Rising Value of Taylor Industrial Land"

On August 13, NH Investment & Securities projected that rental demand for industrial land in Taylor, United States, would surge.

Baek Junki, a researcher at NH Investment & Securities, explained, "IMarketKorea is a leading MRO (Maintenance, Repair, and Operations) purchasing agency for the Samsung Group," adding, "Since 2022, the company has been continuously investing in land adjacent to Samsung Electronics' Taylor plant."

He continued, "The company will focus on rental, logistics, and MRO businesses," and added, "Phase 1 rental revenue is expected to be generated next year."

He noted, "Although the expected annual rental income is not significant compared to IMarketKorea's total revenue, we anticipate growth driven by increased MRO sales to tenant companies."

Baek emphasized, "The most significant point of expectation is the appreciation of real estate value," and analyzed, "Alongside Samsung Electronics' foundry orders in Taylor, we expect expanded semiconductor investment in the United States due to tariff issues." He further stated, "The expansion of IMarketKorea's Taylor business is highly likely to serve as a catalyst for a stock price increase," and estimated, "The total investment for up to Phase 3 is 260 billion KRW, and land appraisal gains are expected to be more than double compared to the acquisition time."

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