Mirae Asset Global REIT Subsidiary Plans FedEx Tampa Logistics Center Sale for USD 58.2 Million
Bitget2026/10/23 06:57- Mirae Asset Global REIT subsidiary Mirae Asset Global No.1 REIT plans to sell its FedEx Tampa logistics center for USD 58.2 million.
- The sale to WSRE CP Last Mile Investors is scheduled to close Oct. 27, 2026.
- Expected recovery is about USD 2.3 million against an equity investment of USD 37.8 million, implying a loss.
- Total recovery, including previously paid dividends of KRW 17.01 billion, is estimated at 44.4% in won terms.
- Proceeds will repay USD 56.7 million in local borrowings, with remaining funds covering sale expenses and currency-hedging settlements.
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