NH Prime REIT is the first indirect property investment vehicle(FoF) to be listed in Korea Stock Exchange.
With our unique REIT model and disciplined investment strategy, we aim to achieve broad diversification
and minimal risk through continuously investing in new assets across the boarders.
| Company Name | NH Prime REIT Co., Ltd. |
|---|---|
| Foundation | 2019. 05. 30 |
| Type of REIT | Entrusted Real Estate Investment Trust (entrusting asset investment and operation to an asset management company) |
| Asset Manager | NH REITs Management Co., Ltd. |
| Portfolio | Portfolio Office - Seoul Square Ι Gangnam N Tower Ι Samsung C&T HQ Ι Samsung SDS Tower (Invested in other funds of each asset) |
| AUM | $76 mil (as of May 2020) |
| Fiscal Year | Bi-annual (May 31, Nov 30) |
Self-Managed
Real Estate Investment Trust
A company that hires full-time executive officers and employees, including asset
management specials, on its payroll to invest and operate assets directly
U.S. REITs and many other
REITS world-wide
Entrusted
Real Estate Investment Trust
A company that entrusts its asset investment and
operation to any asset management companies
NH Prime REIT;
and most REITs in Korea
Corporate Restructing
Real Estate Investment Trust
A company that invests in corporate restricting real estate and entrusts its
asset investment and operation to any asset management companies
Seoul Square is the landmark office in Seoul Central Business District that is highly recognized by the general public, and is a stable asset with a WALE (weighted average lease expiry) of 6.92 years as of Nov. 2020.
Located at the gateway to the Seoul Central Business District and across the transportation hub in Seoul, Seoul Square is directly connected to the station via underground passage, making it accessible to downtown and metropolitan areas of Seoul through KTX, Airport Railroad, and subway (Lines 1 and 4).
The first prime office to be newly constructed since 2011 in the Gangnam Business District, Gangnam N Tower is located 5-minute walking distance to Shinbundang Line and Line 2 of Gangnam Station, meeting the best conditions in terms of large transient population and transportation convenience.
Located in Teheran-ro, Gangnam, the lowest vacancy rate and highest rental fees among the major business districts of Seoul, Gangnam N Tower also provides the best rental environment by applying the green space and the latest trends to the new office.
Samsung C&T HQ, rare prime office with of GBD to be supplied 14 years after the Gangnam Finance Center (GFC), is a high-quality asset with prime location, physical specifications and as well as its recognition to the public.
Samsung Fire & Marine Insurance, Korea’s No. 1 insurance company, leased 100% of the building and utilizes it as its headquarter, reinforcing the financial security of the asset.
Located in the Jamsil Business District with convenient accessibility, Samsung SDS Tower is 100% leased by Samsung SDS.
Samsung SDS is a prominent asset and is expected to experience potential upside growth as various ongoing and prospective development plans surround the Jamsil area.
