Daegu Department Store sells Daegu downtown land and building assets for KRW 130 billion

Bitget2026/10/13 07:09

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Daegu Department Store agreed to sell land and buildings in Daegu’s Jung-gu district for KRW 130 billion.
Transaction equals 30.90% of total assets based on its FY2025 consolidated financial statements.
Buyer is Daegu Medi City K Global, a real estate company.
Closing set for Dec. 15, 2027, with payments staged from Oct. 13, 2026 through the closing date.
Sale aims to strengthen the balance sheet, improve asset efficiency, support operational streamlining.

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. Daegu Department Store 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: 20261013000244), on October 13, 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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Daegu Department Store sells Daegu downtown land and building assets for KRW 130 billion

You may also like

Crypto prices