About Daishin Value REIT

Daishin 343 Roadmap
Daishin Value REIT aims to deliver both stable rental income and capital appreciation through a structured asset management strategy aligned with evolving market conditions. By leveraging Triple Net master lease agreements, market rent linkage, and strategic asset disposal, the REIT aims to maximize profitability and long-term sustainability.
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2025: Acquisition Phase
Acquisition of Daishin 343 as the headquarters of Daishin Financial Group under a long-term Triple Net master lease
- Quality Tenant: Daishin Property (Daishin Financial Group)
- Lease Terms: Tenant bears all vacancy, management, and repair costs (Triple Net)
- Lease Duration: 7 years + 3-year extension option, ensuring long-term operational stability
Securing stable, predictable rental income from the outset, while minimizing operational risk and reinforcing investor trust
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2025–2032: Operation Phase (7 Years)
Fixed annual rent escalation of 2.75%
- Concluding master lease contract based on the current market effective net occupancy cost (E-NOC) of approximately KRW 380,000
- Allowing for rent adjustment between 2.75% and 10% at the 3-year mark, based on prevailing market rents
Maintaining stable rental income without vacancy while maximizing income in response to market trends
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Successful Exit
Strategic Exit through Asset Disposition
- Strategic exit through a well-timed sale, leveraging strong market credibility
Proving transparency, sustainability, and profitability as a listed REIT and providing investors with a clear opportunity for capital recovery and realized returns
Triple Net Lease
Daishin Value REIT has established a stable rental income model by entering into a Triple Net master lease agreement with Daishin Property, an affiliate of Daishin Financial Group, as the sole tenant of the entire property. Under this structure, the tenant bears all associated costs, including common area maintenance, utilities, repairs and maintenance, insurance, and all taxes and public charges.
The affiliate assumes full responsibility for vacancy risk and property operating expenses. The 7-year lease with a 3-year extension option ensures both predictable cash flows and operational efficiency. In addition, the lease includes market rent-linked escalation clauses, structurally supporting potential upside in rental yield.
Daishin Financial Group 100% Master Lease
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Leased Area
Entire property under a master lease
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Leased Floor Area
16,144 py
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Lease Term
7 years (+ 3-year extension option)
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Annual Rent Escalation
2.75%
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Rent per py
KRW 146,500 (Year 1)
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NOI
KRW 28,382 million (Year 1)
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Key Terms
- Rent adjustment from Year 3 based on market rent (2.75%–10%)
- No early termination allowed
- No separate management fees
- Tenant bears building OPEX
- Capital expenditures are borne by the landlord