Overview
Overview
Mirae Asset Maps REIT 1 is a perpetual listed REIT that invests in office, retail, logistics centers, and data centers located in key regions of South Korea.
| Category | Asset Overview |
|---|---|
| Company Name | Mirae Asset Maps REIT 1 Co., Ltd. ("Mirae Asset Maps REIT 1") |
| Asset Management Company | Mirae Asset Global Investments |
| Date of Establishment | Dec 12, 2019 |
| Investment Period | Publicly-traded perpetual REIT |
| Asset Portfolio |
|
| Listing Exchange | Korea Exchange(KOSPI) |
| Dividend Payout Term | Every 6 months (Fiscal year ends twice a year, at the end of May and November) |
Investment Highlight
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AUM(Assets Under Management)
KRW 305.8 billion· As of the end of February 2024, based on financial statements.
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Market Capitalization
KRW 78.9 billion· As of the closing price on May 31, 2024.
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Vacancy Rate
0.0 %· Lotte Outlet Gwanggyo / Master lease agreement for the entire rental area.
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Number of Managed Assets
3· Lotte Outlet Gwanggyo
· Gangnam KG Tower(Investment of KRW 1 billion in equity securities)
· Majestarcity Tower1 (Investment of KRW 10.9 billion in beneficiary certificates)
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Average Annual Dividend Yield
8.93 %· Based on the closing price of KRW 3,045 on July 8, 2024.
· Refer to the [Feb. 2, 2024 Real Estate Investment Company: Decision on Cash dividend] disclosure.
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Remaining Lease Term
11.3 years· Lotte Outlet Gwanggyo / As of May 31, 2024.
History
| 2024 | 02.01 | Additional listing on Korea Exchange (common shares 24,995,105) |
|---|---|---|
| 01.24 | Acquisition of preferred shares (KRW 10.9billion) in Capstone Private Investment Trust No.42 | |
| 01.20 | Equity offering (common shares 4,895,105 shares) | |
| 2023 | 08.29 | Acquisition of preferred shares (KRW 1 billion) in KOCREF No.47 REIT |
| 2022 | 05.02 | Asset custody contract signed (NH Investment & Securities) Termination of asset custody contract (Kookmin Bank) |
| 2020 | 08.05 | Listing on Korea Exchange (IPO) (common shares 20,100,000 shares) |
| 07.18 | Equity offering (common shares 14,400,000 shares) | |
| 04.28 | Equity reduction (300,000 common shares, capital after reduction KRW 5.7 billion) | |
| 03.24 | Equity offering (common shares 5,700,000 shares, capital after offering KRW 6 billion ) Acquisition of the Commercial facilities at Gwanggyo Central Prugio City |
|
| 02.25 | Approval of business license for Real Estate Investment Company by Ministry of Land, Infrastructure and Transport | |
| 01.06 | Asset management contract signed (Mirae Asset Global Investments) | |
| 01.06 | Asset custody contract signed (Kookmin Bank) | |
| 01.06 | Corporate service contract signed (Shinhan ITAS) | |
| 2019 | 12.12 | Inaugural general meeting and company establishment (capital KRW 300 million) |