LOCATIONSouth KoreaGROSS FLOOR AREAApprox. 222,748 sq ftTOTAL OCCUPANCYUnder constructionAs at 31 December 2016
Anthony KangCEO, ARA Koreaanthonykang@ara.com.hk

ABOUT ARA-ShinYOUNG REITs

ARA-ShinYoung REITs are the third and fourth privately-held REITs managed by ARA Korea, a subsidiary of ARA incorporated in South Korea. Unlike the first two privately-held Korean REITs, ARA-NPS REITs which are mostly invested in core office properties in Seoul, ARA-ShinYoung REITs are focused on residential development projects.

Launched in partnership with ShinYoung Co., Ltd., an experienced residential property developer and operator in Korea, the REITs have completed investments in two residential development projects in Seoul with an estimated total development cost of approximately KRW95 billion.