Kyeryong Construction to Buy 20.82% Stake in Daejeon Rental Housing REIT for KRW 25.34 Billion
Bitget2026/10/21 03:09- Kyeryong Construction Industrial will acquire a 20.82% stake in Daejeon Doan Gapcheon 4 REIT for KRW 25.34 billion.
- The cash subscription covers 5,067,400 shares, representing 2.56% of the buyer’s equity.
- The investment supports participation in a publicly supported private rental housing construction project.
- The board decided on the investment on October 21, 2026; completion is scheduled for October 22, 2026.
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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