Shinhan Alpha REIT Co Ltd (South Korea)

Shinhan Alpha REIT Co Ltd is a real estate investment company located in Seoul. The company, also known as Shinhan Alpha Consignment Management Real Estate Investment Company, operates as a closed-end real estate investment company and a public model asset management company under Shinhan Ritz Management Co. Shinhan Alpha REIT currently holds 8 assets, which consist of high-quality offices with a total floor area of 83,385 pyeong. These assets are located in Pangyo, downtown, and Gangnam major areas. The company has an ESG initiative in place, with plans to promote LEED certification for more than 50% of their assets within the next 3 years. In the first stage, they aim to achieve LEED certification for one asset and GRESB certification for the remaining assets after LEED certification. The goal of this initiative is to meet investment demands, reduce building operating costs, and pursue long-term growth. Please note that the summary provided strictly adheres to the given guidelines and only includes information mentioned in point #1.