Portfolio

Portfolio Map

  • LOTTE
    Department Store
    Gangnam Branch
  • LOTTE
    Department Store
    Gwangju Branch
  • LOTTE
    Department Store
    Guri Branch
  • LOTTE
    Department Store
    Ansan Branch
  • LOTTE
    Department Store
    Jungdong Branch
  • LOTTE
    Department Store
    Changwon Branch
  • LOTTE
    Premium Outlet
    Icheon Branch
  • LOTTE
    Mart/Outlet
    Daegu/Yulha Branch
  • LOTTE
    Mart/Outlet (West)
    Cheongju Branch
  • LOTTE Mart
    Gyeyang Branch
  • LOTTE Mart
    Uiwang Branch
  • LOTTE Mart
    Jangyu Branch
  • LOTTE Mart
    Chuncheon Branch
  • LOTTE Mart Gyeonggi
    Yangpyeong Branch
  • LOTTE Mart Mall
    Gimpo Logistics Center
  • L7 HOTELS
    GANGNAM TOWER
  • DF TOWER
    (preferred stock)
  • 롯데백화점 강남점
  • 롯데백화점 광주점
  • 롯데백화점 구리점
  • 롯데백화점 안산점
  • 롯데백화점 중동점
  • 롯데백화점 창원점
  • 롯데프리미엄아울렛 이천점
  • 롯데마트/아울렛 대구율하점
  • 롯데마트/아울렛 (서)청주점
  • 롯데마트 계양점
  • 롯데마트 의왕점
  • 롯데마트 장유점
  • 롯데마트 춘천점
  • 롯데마트 경기양평점
  • 롯데마트몰 김포물류센터
  • L7 HOTELS 강남타워
  • DF타워(우선주)

LOTTE Department Store Gangnam Branch

The only department store in the mid-Southern part of the Gangnam District

Gross
floor area
: 67,517.43 m2
Size Main building: B3F / 9F
Separate building: B2F / 7F
Cutural center 1: B1F / 5F
Cutural center 2: B1F / 6F
The only department store in the mid-Southern part of Gangnam District

This property has excellent accessibility from Hanti Station on Bundang Line in the mid-southern part of the Gangnam District, and remains in good physical conditions through expansions and renovations carried out in 2016.

Plentiful demand from densely populated prime residential area around the store

This area is home to residents with a high level of income in Yeoksam dong, Daechi dong and Dogok dong. Retail demand is expected to grow following the development of residential areas in Segok, Naegok, Guryong and Suseo Station area.

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LOTTE Department Store Gwangju Branch

A competitive department store that is located in the largest commercial district and the largest of its type in the regions

Gross
floor area
: 92,997.18 m2
Size Main building: B6F / 12F
Separate buildling (car park): B1F / 6F
Separte building (office building): B2F/3F
A department store in the largest commercial district in Gwangju

This property is located in Gwangju's largest commercial area with heavy foot traffic, near Geumnamno 5(o)-ga Station on Metro Line 1, and is the largest of its type among nearby facilities in the region.

Great potential backed by sizable population

Shopping demand is expected to rise as multiple urban development projects within a radius of 8 km are underway, including Gwangju Yongsan, Naenam, Hyocheon, and the Seongyo Urban Development Zone.

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LOTTE Department Store Guri Branch

The only department store in the eastern Gyeonggi area with favorable development conditions and great potential demand

Gross
floor area
: 79,270.63 m2
Size : B5F / 9F
The only department store in eastern Gyeonggi area

This property is conveniently linked to the Guri Station on the Gyeongi Jungangseon Line and located in a key commercial area with heavy foot traffic.

Upcoming developments and sufficient potential demand

Demand is expected to increase after the completion of Metro Line 8 extension(Byeollae Line), large-scale redevelopment in nearby areas, and land development in the new cities of Dasan and Wangsuk.

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LOTTE Department Store Ansan Branch

The only department store located in the largest commercial area in Ansan

Gross
floor area
: 54,887.44 m2
Size Main building: B5F / 6F
New buildling : B6F / 5F
The only department store in Ansan

This property is located in the largest major commercial area with a heavy foot traffic and near Jungang Station on Line 4. It has maintianed excellent building conditions and products since the grand opening in 2018.

A hub with strong demand

A hub with solid demand near Ansan City Hall, residential complexes, a university and hospitals. Extra demand is anticipated along with Sa-dong Commercial Area Development in the neighborhood.

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LOTTE Department Store Jungdong Branch

A competitive department store in a major commercial area that is the largest of its type in the region

Gross
floor area
: 93,419.13 m2
Size : B6F / 11F
A department store located in the major commercial area of Bucheon

This property has locational strengths. It is surrounded by Bucheon's main commercial area, Metro Line 7, a big transient population and a large-scale residential area.

A hub with great demand

There is a constant influx of customers from the nearby food street and large-scale residential areas.

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LOTTE Department Store Changwon Branch

This department store is the largest of its type within the region and is located in a key commercial area in Changwon

Gross
floor area
: 140,976.90 m2
Size Main building: B5F / 6F
Young Plaza: B6F / 9F
A department store located in a key commercial area in Changwon

This property is the city’s biggest department store located in the largest commercial area around Changwon City Hall and is easily accessible with all kinds of transports.

Large nearby population

This property is a shopping destination for 410k residents within a 7 km radius. The customer base is expected to further expand as there will be new incoming population after the new urban development (Changwon Jungdong).

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LOTTE Premium Outlet Icheon Branch

The only premium outlet in Icheon with high growth potential

Gross
floor area
: 162,686.47 m2
Size Outlet (Baekjadong): B2F / 3F
Outlet (Cheongjadong): B2F / 2F
The only premium outlet in Icheon

Located in Incheon Fashion Logistics Complex adjacent to Majang JC and Deokpyeong IC, this property is the sole premium outlet with easy access to highways and greater competitiveness over other retail facilities in Icheon.

Strong local shopping demand

Key commercial areas are located within a 10 km radius and shopping demand is expected to rise following the development of multiple new cities such as Jungni and Majang New Town.

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LOTTE Mart/Outlet Daegu Yulha Branch

A retail complex property with a large local population and quick access to the subway

Gross
floor area
: 100,772.95 m2
Size : B2F / 6F
A shopping complex close to the subway station

This property creates synergy from the joint operation of stores and outlets linked to Yulha Station on Daegu Metro Line 1.

Great potential for nearby large population growth

This branch is located in a densely populated residential area in northeast Daegu. Shopping demand is expected to grow with urban development projects such as Daegu Ansim New Town and Daegu Shinseo Innovation City.

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LOTTE Mart/Outlet (West) Cheongju Branch

A retail complex property for residents with strong purchasing power in a new residential area

Gross
floor area
: 81,678.43 m2
Size : B2F / 5F
A shopping complex in a new residential area

The property is situated in Daenong District which is a new high-priced residential complex near West Cheong Ju IC. It benefits from the synergy among facilities jointly operated by Lotte Mart and Lotte Outlet.

Ample demand from prime apartment complex residents

The property meets the shopping demand from Daenong District residents. It is also expected that there will be greater demand after the development of nearby urban districts (Gagyeong Honggol District. Bangseo District, and Osong Station Area Urban Development Zone).

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LOTTE Mart Gyeyang Branch

A hypermarket situated in a high-demand area to be developed.

Gross
floor area
: 58,119.41 m2
Size : B2F / 7F
A hypermarket in a major commercial area of North Incheon

Its location in a major commercial hub full of numerous businesses, between Gyesan Station and Imhak Station on Line 1, provides great accessibility.

New town development leading to bigger shopping demand

Currently, there is plenty shopping demand from the people from public offices (fire/police station, Gyeyang-gu Office) and residential complexes. Moreover, new population influx is expected as the third Gyeyang new town development has been confirmed.

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LOTTE Mart Uiwang Branch

A hypermarket in a densely populated residential area with development upsides and sizable population driving demand

Gross
floor area
: 36,879.02 m2
Size : B1F / 6F
A large hypermarket in a densely populated residential area

Located in a densely populated residential area between Uiwang and Anyang, this property is capable of securing stable shopping demand as the only large-size hypermarket within a 1.5 km radius.

Development upsides driving retail demand

There will be more retail demand following multiple local developments such as Gwacheon Knowledge Industry Center, Baegun Knowledge Culture Valley, Uiwang Gochun Public Housing Districts and GTX Line C at Geumjeong Station.

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LOTTE Mart Jangyu Branch

A large mart for local residents with strong purchasing power

Gross
floor area
: 38,838.37 m2
Size : B1F / 5F
A big mart in a densely populated residential area

Situated in Jangyu Yulha Housing Site Development District near Jangyu IC, this property is the largest mart in the region.

Retail demand from sizable local population

The ongoing urban development district within a 4km radius (Jangyu Yulha 2) will draw a number of new local residents.

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LOTTE Mart Chuncheon Branch

A hypermarket for residents with good purchasing power in a new development zone

Gross
floor area
: 40,569.84 m2
Size : B1F / 4F
A hypermarket in a new development zone

As the property is in the new development zone on the northwestern side of South Chuncheon Station and Intercity Bus Terminal, it benefits from a large transient population and accessibility.

Growth potential with abundant retail demand

Since the zone was developed as a large-scale mixed-use complex, the property draws customers from nearby broadcasting stations, public offices and residential complexes. In addition, the commercial area is expected to grow continuously.

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LOTTE Mart Gyeonggi Yangpyeong Branch

A large-sized hypermarket based on great accessibility to Downtown Yangpyeong and increasing locals

Gross
floor area
: 9,977.31 m2
Size : B2F / 2F
Yangpyeong’s only hypermarket close to the center of Yangpyeong

As the only large-scale hypermarket in Yangpyeong County, this property is a 5-minute ride from Yangpyeong Station and downtown, serving as the prime shopping destination for local residents.

Growing shopping demand led by local development and population growth

Due to the opening of Jungang Line double track railway, the population influx is on the rise. Plus, local shopping demand is expected to grow steadily after nearby urban developments.

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LOTTE Mart Mall Gimpo Logistics Center

A top tier logistics center with great accessibility and state-of-the-art facilities

Gross
floor area
: 30,870.30 m2
Size : B1F / 6F
A logistics center located in the best logistics hub

This property has strong locational advantages as it is located in Gochon Logistics Complex which has great accessibility to Seoul and is also sitting in the logistics hub of major retailers with its easy access to Gimpo Airport.

Promising growth potential based on unique positioning

The property will be more highly valued as time goes by since there can be only a limited number of logistics centers in Gimpo due to the lack of land to develop in the area. Plus, its value is anticipated to increase constantly as the demand for logistics service is getting bigger than the supply of new available centers.

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L7 HOTELS GANGNAM TOWER

A complex property(office & hotel) with Grade A

Gross
floor area
: 33,584.29 m2
Size : B6F / 27F
A complex property(office & hotel) is located in a key commercial area of GBD

This property is located within a 2-minute walk from Seolleung Station (Line 2 & Bundang Line) and is easily accessible.

Property with expected development potential and increased asset value

Development plans are underway for the GBD area's International Exchange Complex (GBC, Jamsil MICE project), the opening of GTX, and the extension of the Shinbundang Line. This property is expected to increase in value in the future due to the increase in the floating population in the area and the expansion of transportation convenience.

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DF TOWER(preferred stock)

Office property with excellent location and comfortable work environment

Gross
floor area
: 29,916.06 m2
Size : B6F / 27F
Office property is located in a key commercial area of GBD

This property is located in a prime location within 1 minute of Gangnam Station (Subway Line 2 & Shinbundang Line), with excellent accessibility to public transportation and vehicles.

Office property with excellent location and growth potential

This property has excellent accessibility to major business districts in Seoul and the Pangyo area, and growth potential is expected due to the continued increase in demand for office expansion in the Gangnam Station area as the IT industry grows.

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Portfolio Data

  • By region
  • By type
  • By tranche
  • By size

Properties by region

(Unit: Million won)

Category Property Name Acquisition Price Ratio
(based on Acquisition Price)
Seoul metropolitan area LOTTE Department Store Gangnam Branch 424,905 16.1%
LOTTE Department Store Guri Branch 177,262 6.7%
LOTTE Department Store Ansan Branch 98,600 3.7%
LOTTE Department Store Jungdong Branch 171,700 6.5%
LOTTE Premium Outlet Icheon Branch 275,300 10.4%
LOTTE Mart Gyeyang Branch 76,100 2.9%
LOTTE Mart Uiwang Branch 137,606 5.2%
LOTTE Mart Gyeonggi Yangpyeong Branch 34,600 1.3%
LOTTE Mart Mall Gimpo Logistics Center 95,500 3.6%
L7 HOTELS GANGNAM TOWER 330,000 12.5%
DF TOWER(preferred stock) 7,000 0.3%
Sub-total 1,828,573 69.3%
Regional metropolitan area LOTTE Department Store Gwangju Branch 134,367 5.1%
LOTTE Mart/Outlet Daegu Yulha Branch 170,212 6.5%
Sub-total 304,579 11.5%
Others LOTTE Department Store Changwon Branch 246,803 9.4%
LOTTE Mart/Outlet (West) Cheongju Branch 139,162 5.3%
LOTTE Mart Jangyu Branch 57,491 2.2%
LOTTE Mart Chuncheon Branch 61,000 2.3%
Sub-total 504,456 19.1%
Total 2,637,608 100%

Properties by type

(Unit: Million won)

Category Property Name Acquisition Price Ratio
(based on Acquisition Price)
Department store LOTTE Department Store Gangnam Branch 424,905 16.1%
LOTTE Department Store Guri Branch 177,262 6.7%
LOTTE Department Store Gwangju Branch 134,367 5.1%
LOTTE Department Store Changwon Branch 246,803 9.4%
LOTTE Department Store Jungdong Branch 171,700 6.5%
LOTTE Department Store Ansan Branch 98,600 3.7%
Sub-total 1,253,637 47.5%
Mart&Outlet
(combined)
LOTTE Mart/Outlet (West)Cheongju Branch 139,162 5.3%
LOTTE Mart/Outlet Daegu Yulha Branch 170,212 6.5%
Sub-total 309,374 11.7%
Mart LOTTE Mart Uiwang Branch 137,606 5.2%
LOTTE Mart Jangyu Branch 57,491 2.2%
LOTTE Mart Chuncheon Branch 61,000 2.3%
LOTTE Mart Gyeyang Branch 76,100 2.9%
LOTTE Mart Gyeonggi Yangpyeong Branch 34,600 1.3%
Sub-total 366,797 13.9%
Premium Outlet LOTTE Premium Outlet Icheon Branch 275,300 10.4%
Sub-total 275,300 10.4%
Logistics LOTTE Mart Mall Gimpo Logistics Center 95,500 3.6%
Sub-total 95,500 3.6%
Hotel & Office L7 HOTELS GANGNAM TOWER 330,000 12.5%
DF TOWER(preferred stock) 7,000 0.3%
Sub-total 337,000 12.8%
Total 2,637,608 100%

Properties by tranche

(Unit: Million won)

Category Property Name Acquisition Price Ratio
(based on Acquisition Price)
Tranche A LOTTE Department Store Changwon Branch 246,803 9.4%
LOTTE Mart Uiwang Branch 137,606 5.2%
LOTTE Mart Jangyu Branch 57,491 2.2%
Sub-total 441,900 16.8%
Tranche B LOTTE Department Store Guri Branch 177,262 6.7%
LOTTE Mart/Outlet (West)Cheongju Branch 139,162 5.3%
LOTTE Mart/Outlet Daegu Yulha Branch 170,212 6.5%
Sub-total 486,636 18.4%
Tranche C LOTTE Department Store Gangnam Branch 424,905 16.1%
LOTTE Department Store Gwangju Branch 134,367 5.1%
Sub-total 559,272 21.2%
Tranche D LOTTE Department Store Jungdong Branch 171,700 6.5%
LOTTE Department Store Ansan Branch 98,600 3.7%
LOTTE Mart Gyeyang Branch 76,100 2.9%
LOTTE Mart Gyeonggi Yangpyeong Branch 34,600 1.3%
Sub-total 381,000 14.4%
Tranche E LOTTE Premium Outlet Icheon Branch 275,300 10.4%
LOTTE Mart Chuncheon Branch 61,000 2.3%
Sub-total 336,300 12.78%
Tranche F LOTTE Mart Mall Gimpo Logistics Center 95,500 3.6%
Sub-total 95,500 3.6%
L7 GANGNAM L7 HOTELS GANGNAM TOWER 330,000 12.5%
Sub-total 330,000 12.5%
DF TOWER DF TOWER(preferred stock) 7,000 0.3%
Sub-total 7,000 0.3%
Total 2,637,608 100%

Properties by size

(Unit: Million won)

Category Property Name Acquisition Price Ratio
(based on Acquisition Price)
More than 100,000㎡ LOTTE Department Store Changwon Branch 246,803 9.36%
LOTTE Premium Outlet Icheon Branch 275,300 10.44%
LOTTE Mart/Outlet Daegu Yulha Branch 170,212 6.45%
Sub-total 692,315 26.25%
More than 50,000㎡
Less than 100,000㎡
LOTTE Department Store Gangnam Branch 424,905 16.11%
LOTTE Department Store Guri Branch 177,262 6.72%
LOTTE Department Store Gwangju Branch 134,367 5.09%
LOTTE Department Store Ansan Branch 98,600 3.74%
LOTTE Department Jungdong Branch 171,700 6.51%
LOTTE Mart/Outlet (West)Cheongju Branch 139,162 5.28%
LOTTE Mart Gyeyang Branch 76,100 2.89%
LOTTE Mart Chuncheon Branch 61,000 2.31%
Sub-total 1,283,096 48.65%
Less than 50,000㎡ LOTTE Mart Uiwang Branch 137,606 5.22%
LOTTE Mart Jangyu Branch 57,491 2.18%
LOTTE Mart Gyeonggi Yangpyeong Branch 34,600 1.31%
LOTTE Mart Mall Gimpo Logistics Center 95,500 3.62%
L7 HOTELS GANGNAM TOWER 330,000 12.5%
DF TOWER(preferred stock) 7,000 0.3%
Sub-total 662,197 25.11%
Total 2,637,608 100%

Portfolio List

Property held(direct)

(Unit: m2, Million won)

Category Property Name Gross floor area Acquisition Price Acquisition date Master lease contract tenants
Tranche A LOTTE Department Store Changwon Branch 140,976.90 246,803 October 16, 2019 Lotte Shopping
LOTTE Mart Uiwang Branch 36,879.02 137,606
LOTTE Mart Jangyu Branch 38,838.37 57,491
Tranche B LOTTE Department Store Guri Branch 79,270.63 177,262
LOTTE Mart/Outlet (West)Cheongju Branch 81,678.43 139,162
LOTTE Mart/Outlet Daegu Yulha Branch 100,772.95 170,212
Tranche C LOTTE Department Store Gangnam Branch 67,517.43 424,905 May 30, 2019
LOTTE Department Store Gwangju Branch 92,997.18 134,367 October 16, 2019
Tranche D LOTTE Department Store Jungdong Branch 93,419.13 171,700 March 17, 2021
LOTTE Department Store Ansan Branch 54,887.44 98,600
LOTTE Mart Gyeyang Branch 58,119.41 76,100
LOTTE Mart Gyeonggi Yangpyeong Branch 9,977.31 34,600 December 15, 2021
Tranche E LOTTE Premium Outlet Icheon Branch 162,686.47 275,300 March 17, 2021
LOTTE Mart Chuncheon Branch 40,569.84 61,000
Tranche F LOTTE Mart Mall Gimpo Logistics Center 30,870.30 95,500 Lotte Global Logistics
L7 GANGNAM L7 HOTELS GANGNAM TOWER 33,584.29 330,000 September 30, 2024 Hotel Lotte
Total 1,123,045.10 2,630,608

Property held (indirect)

(Unit : m2, Million won)

Category Property Name Gross floor area Acquisition Price Acquisition date Master lease contract tenants
DF TOWER DF TOWER 29,916.06 7,000 May 21, 2024 Dunamu