Global commercial real estate corporation JLL (Jones Lang LaSalle) Korea announced that it has secured the property asset management (PM) work for 'Daesin 343,' the headquarters of Daesin Financial Group, from Daesin Asset Trust.
Daesin 343 is a building with a total floor area of 53,369.3 square meters (16,144 pyeong), consisting of 7 basement floors and 26 above-ground floors. It is adjacent to Euljiro 3-ga Station (Lines 2 and 3) and is also a prime office building located in the central business district (CBD). Daesin Property has participated as a master lessee, securing stable revenue.
Daesin 343 is the first asset of Daesin Value REITs, the first financial and developer-type REIT in Korea. Daesin Value REITs, sponsored by Daesin Financial Group, is set to go public this month. This REIT plans to continually incorporate high-quality office assets located in core areas held by the group, starting with Daesin 343, and aims to grow into a super-large REIT with an asset size of over 2 trillion won within five years.
Andong-hwan, Deputy Minister of Asset Management at JLL Korea, noted, "JLL will contribute to the successful listing and growth of Daesin Value REITs by ensuring management and transparency that meet global standards for Daesin 343. We will do our best to successfully position it as a landmark building in the CBD area through this project, and we will further strengthen our partnership with Daesin Asset Trust to expand our presence in the asset management market."
JLL plans to implement strategic asset management focused on accurate asset analysis, stable handover, enhanced responsible tenant management, and efficient facility safety management to maximize the asset value of Daesin 343.
JLL Korea has a comprehensive range of services and a network across the entire value chain, including property asset management (PM), leasing management (LM), and a research center.