[Nine South Korea financial newspaper hyerin News] Shinhan Investment Corp. (CEO Kim, Hyung - Jin) that sells "Shinhan BNPP Nine Tree Real Estate Investment Trust (the Nine Tree Realty IPO funds) that invest in" Nine Tree Premier Hotel, located near Seoul Myeongdong It said 22 days.
Target "Nine Tree Premier Hotels' investment is a large business hotel consists of a total of 408 rooms. The total purchase price is 142.8 billion won and 46.5 billion won in the recruitment to the public offering.
Seoul Samsung-dong Trade Center in Grand InterContinental Seoul Parnas and InterContinental Seoul COEX such a large hotel operations experienced GS Retail's subsidiary Parnas Hotel ㈜ entrusted operation and signed a contract with a long-term lease scheme a total of 20 years 6 billion won a year the minimum guaranteed rent via (MRG) is a product of enhanced investment security. If the investor is to increase hotel revenue structure to receive higher amounts of about 40% of the minimum guaranteed rents and sales to rental Hotel we can expect a higher dividend yield.
Shinhan Investment Investment Products unit woodonghun Manager "This product is realized dividend income and stable rental suikreul funds that received from higher tenant Shinhan Investment's first open call for participants type Real Estate Fund", saying, 'creditworthiness, and seek repayment through a sale the point is that the product dividends every six months after that he said will be set to occur can be evaluated as a positive side to our customers. "
The period of sale, the selling price within the range, recruiting first-come, first-served basis from March 22 to 28, "Nine Tree Estate Fund Competition. The minimum subscription amount of 7-year ban repurchase funds is 500 million. The total remuneration is 0.52%, lien fee is 2%. The present and the real estate investment assets invested in the Fund may affect the average dividend yield reduction if not sold prior to maturity, may result in investments original principal loss and hotels 0.5% (payable only marketing benefit occurs) of the sale when the sale value there is a special asset management maintenance.
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