Shinhan Global Active REIT 7th Term: Net Loss Narrows, Dividend Increases
- Consolidated revenue 22.5 bln won, operating profit 1.44 bln won, down 26.2% and 27.0% YoY respectively
- Net loss of 1.47 bln won (EPS -34 won) compared to 7.24 bln won loss in prior period
- Cash dividend of 130 won per share (up from 127 won), dividend yield 10.0%
- Derivative liability on currency forwards surged to 4.42 bln won (from 0.23 bln), increasing FX risk
- Borrowings increased to 13.79 bln won (from 10.59 bln), net debt ratio rose to 12.37%
- Fair value of overseas real estate funds (USGB, PRISA, CBRE) slightly increased to 108.4 bln won
- Contingent liabilities include fund replenishment agreement for derivatives and pledge of subsidiary shares (max 47.64 bln won) as loan collateral
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KOSPI Filing Information
- Filing: Annual Report (2026.02)
- Company: Shinhan Global Active REIT (481850)
- Submission: Shinhan Global Active REIT Co., Ltd.
- Receipt: 05-13-2026
- Consolidated section included