1. Shinhan Alpha REIT July Monthly Report: What’s in it?

Shinhan Alpha REIT updated its existing asset management status through its July 2025 monthly report. It maintains a positive financial status and shows steady rental income and stable portfolio operation.

2. Solid Fundamentals: Why should you pay attention?

Shinhan Alpha REIT boasts solid fundamentals, maintaining a 100% occupancy rate for its 11 investment properties. As of March 2025, operating revenue was KRW 68.6 billion (+17.7% YoY), operating profit was KRW 45 billion (+33.5% YoY), and net income was KRW 12.4 billion (+167.1% YoY), recording significant growth. With over KRW 93 billion in cash holdings, it is also in an advantageous position to secure short-term liquidity and investment opportunities.

3. Investment Outlook and Key Variables: What will happen next?

In the short term, stock price fluctuations due to the July monthly report announcement itself are expected to be limited. However, in the medium to long term, steady rental income, portfolio diversification, and efficient debt management are expected to have a positive impact on the stock price. However, interest rate fluctuations and real estate market conditions are variables that should be continuously monitored.

4. Key Checkpoints for Investors: What to check?

  • Maintenance of 100% occupancy rate
  • Trend of changes in debt ratio
  • Changes in borrowing costs due to interest rate fluctuations
  • Changes in the real estate market and interest rate environment
  • Upcoming Q2 earnings announcement