Shinhan Seobu T&D REIT says Seoul court approval triggers Homeplus lease termination at Incheon Square One site

Bitget2026/10/02 09:38

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Shinhan Seobu T&D REIT issued a correction confirming a lease termination agreement with Homeplus took effect following Seoul Rehabilitation Court approval.
The lease covered 68,307.97 square meters at Incheon Square One’s B1 level in Yeonsu-gu, Incheon.
The change reflects the confirmed closure of Homeplus’ Yeonsu store, ending operations at the site.
The REIT plans to settle about six months of rent from prepaid rent already on deposit as part of the termination.
The board decision date was Aug. 27, 2026; the corrected filing date was Oct. 2, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shinhan Seobu T&D REIT Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261002801015), on October 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Shinhan Seobu T&D REIT says Seoul court approval triggers Homeplus lease termination at Incheon Square One site

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