LOTTE Department Store Gangnam Branch

Surrounding Environment

Nearby large-scale high-priced apartment complexes hold a consumer group with high purchasing power.

This property is located on the intersection roadside of Hanti Station, Bundang Line, and has excellent accessibility from neighboring areas as the main building B1 is directly connected to Exit 2 of Hanti Station, Bundang Line.

Analysis of Competing Facilities

Similar facilities near the property include Hyundai Department Store Trade Center Branch, Starfield COEX, Galleria Department Store Apgujeong Branch, Hyundai Department Store Apgujeong Branch, and Shinsegae Department Store Gangnam Branch. However, in the southeast high-priced residential area, there is limited competition due to the absence of directly competing facilities.

LOTTE Department Store Gwangju Branch

Surrounding Environment

Located within a 5 minute walking distance from Geumnamro 5-ga Station of Gwangju line 1, it has excellent public transportation access. It is in the largest commercial district in Gwangju where most parts of the area are within a 1km radius. Shopping demand is expected to rise as multiple urban development projects within a radius of 8 km are underway, including Gwangju Yongsan and the Seongyo Urban Development Zone.

Analysis of Competing Facilities

Similar facilities operating near the property include NC Department Store Gwangju Station Branch, NC Wave Chungjang Branch, Shinsegae Department Store Gwangju Branch, and Lotte Outlet Gwangju World Cup Branch.
Due to geographical proximity and overlapping store type, Shinsegae Department Store is the competitor, but direct competition with other facilities is limited due to a different store type.

LOTTE Department Store Guri Branch

Surrounding Environment

The property is located in a transport hub area as Jungang Line Guri Station and Guri Bus Terminal are within 2-minute walking distance. Housing demand inside the city of Guri is expected to increase after the completion of Metro Line 8 extension(Byeollae Line) at Guri Station in June 2024 since it will offer easier access to Gangnam District, Seoul.

Analysis of Competing Facilities

Lotte Outlet Guri Branch is a nearby similar facility and big commercial buildings are dense in Guri Station & Traditional Market shopping areas which are the biggest central commercial district of Guri.

LOTTE Department Store Ansan Branch

Surrounding Environment

Located in ‘Central Ansan Rodeo Street’ area full of offices/amenities/large stores, the property is easily accessible from Ansan Jungang Station on Line 4 and the central bus terminal.

Analysis of Competing Facilities

There are similar nearby facilities such as NC Department Store Gojan Branch and Homeplus Special Ansan Gojan Branch. The property has great growth potential as it is the only department store in the city and has brand power to attract customers.

LOTTE Department Store Jungdong Branch

Surrounding Environment

The property is located proximate to the east side of Bucheon City Hall, with easy access to surrounding facilties via connection to Sinjungdong Station on Line 7

There are diverse commercial buildings and great shopping demand from the nearby apartment complex residents in the surrounding area along Gilju-ro.

Analysis of Competing Facilities

The competitors in the neighborhood are Hyundai Department Store Jungdong Branch and New Core Outlet Bucheon Branch. This property has advantage in bigger store size in the region and differentiated goods categories developed by the renewal strategy.

LOTTE Department Store Changwon Branch

Surrounding Environment

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. 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 of 9.6k households after the new urban development within a 5 km radius.

Analysis of Competing Facilities

Similar facilities located near the property include Daedong Department Store, NewCore Outlet Changwon Branch, and Shinsegae Department Store Masan Branch. This property is superior to Daedong Department Store and the NewCore Outlet in terms of facility, size, and brand. Limited direct competition is expected as there is a great geographical distance from the Shinsegae Department Store Masan Branch.

LOTTE Premium Outlet Icheon Branch

Surrounding Environment

The property is located in Incheon Fashion Logistics Complex and highly accessible from Jungbu and Yeongdong highways through Majang JC and Deokpyeong IC. Besides Jung-ri new town development, there is another one in Majang, which will draw more shoppers to the property.

Analysis of Competing Facilities

Lavella Outlet is a similar facility nearby, however, the property is Icheon’s only premium outlet which is far more competitive than other retail facilities in the city.

LOTTE Mart/Outlet Daegu/Yulha Branch

Surrounding Environment

The property is connected to Exit 3 of Yulha Station, Daegu Line 1 and near Jungang Expressway Dongdaegu IC between Busan and Daegu, which allows excellent accessibility from not only Daegu but other regions as well.

Near the 1 km radius of the property to the northeast is Daegu Ansim New Town which is in development with the aim of completion in 2021. In a 3 km radius is Daegu Sinseo Innovation City with a transfer of 10 public institutes and large-scale migrating population inflow.

Analysis of Competing Facilities

Within the 5 km radius of Geumho River, the supply of general large-scale marts except for 1 warehouse-type discount store is only two places including this property, and there are no competitive facilities within the average large mart customer mobility distance (3 km). Outlets are also 6 km away, so competition in the local area is limited.

LOTTE Mart/Outlet (West) Cheongju Branch

Surrounding Environment

The property is a retail destination where Lotte Outlet Cheongju Branch and Lotte Mart West Cheongju Branch are located together in Heungdeok-gu, Cheongju. Its location is strategic in terms of retail demand as it is adjoining Jungbu Expressway West Cheongju IC which attracts Outlet shoppers and Daenong Residential Development Zone which will be occupied by new residents.

Analysis of Competing Facilities

Competing outlets are Hyundai Department Store Chungjeong Branch and G-Well City Mall. However, there is no outlet-type commercial facility in a direct competition.

Regarding a nearby mart, Lotte Mart Cheongju Branch at Cheongju Terminal is within the customers’ average moving distance (3 km).

LOTTE Mart Gyeyang Branch

Surrounding Environment

This property is within a 1km radius of Gyeyang IC and easily accessed from Gyesan Station and Imhak Station on Incheon Line 1.

Since there have been active urban developments in Gyeyang commercial district, its location is forecasted to grow up to the center of new commercial area with bigger demand and development benefits than before.

Analysis of Competing Facilities

The similar adjoining facilities are Homeplus Gyesan Branch, Woo Sung grocery store, and E-mart Gyeyang. As the biggest mart with various merchandise in the area, the property attracts a wide range of age groups.

LOTTE Mart Uiwang Branch

Surrounding Environment

The property is near the Capital Region First Ring Expressway Pyeongchon IC and on Heungan-daero toward Gwacheon and Gunpo, so there is excellent accessibility from Uiwang and nearby regions.

Moreover, it absorbs retail demand from both the residential area and adjacent office complexes such as Anyang IT Complex, Pyeongchon Smart Square and Hyundai Motors Institute.

Analysis of Competing Facilities

Considering the average moving distance (3km) of large mart customers, the competitors are E-mart Pyeongchon Branch, Homeplus Pyeongchon Branch and Homeplus Anyang Branch. In terms of competitive commercial areas, there are the ones around Kaywon University of Art and Design, Beomgye Station and Pyeongchon Station.

LOTTE Mart Jangyu Branch

Surrounding Environment

The property has the advantage of being adjacent to Jangyu IC and Geumgwan-daero linked to Gimhae city center.

Since its location is in Jangyu Yulha Housing Site Development District, a constant influx of local population is anticipated following the completion.

Analysis of Competing Facilities

Similar nearby marts are Homeplus Gimhae Branch, E-mart Gimhae Branch and Lotte Mart Gimhae Branch, but they are in the city center which is more than 7km away from the property. Therefore, direct competition is expected to be limited.

LOTTE Mart Chuncheon Branch

Surrounding Environment

The property has good accessibility due to South Chuncheon Station (Gyeong Chun Line) and Intercity Bus Terminal.

It is situated in a commercial area around South Chuncheon Station. The area also includes broadcasting stations, public offices and residential complexes. For this reason, the overall shopping demand for the property is sufficient.

Analysis of Competing Facilities

There are similar facilities nearby such as E-mart Chuncheon Branch, Chuncheon Korea Federation of Livestock Cooperative, and Hanaro Mart Toegye Branch. Compared to these competitors, it has higher growth potential in terms of its size and availability to further expand in the area.

LOTTE Mart Gyeonggi Yangpyeong Branch

Surrounding Environment

Yangpyeong’s only hypermarket close to the center of Yangpyeong. Yangpyeong Station is within a 1 km radius. It enables a 60-minute journey to Capital Region and boosts the urban-rural igration population growth. The property will benefit from more shopping demand followed by nearby urban developments (Gongheung-Yanggeun District, 4,019-family apartment complex and Administrative Town).

Analysis of Competing Facilities

Most of marts in Yangpyeong are Hanaro Mart (11 stores, Average floor area: 1183.06m²). The property is the only large-scale mart with online mall in the county.

LOTTE Mart Mall Gimpo Logistics Center

Surrounding Environment

The property is within a 20km radius of Seoul, so it has excellent accessibility to main destinations such as Seoul, Incheon, Gimpo Airport and major ports via the Capital Region Ring Expressway and Incheon International Airport Expressway.

Due to this locational advantage, it became the logistics hub of large-scale distributors and 3PL companies.

Analysis of Competing Facilities

There are top tier logistics centers (M2 Logistics Center, M4-1 Logistics Center and MQ Logistics) that are capable of Last-Mile Delivery. They function as the hub of major distributors such as Lotte Mart and E-mart.

L7 HOTELS GANGNAM TOWER

Located in the GBD business district preferred by various domestic and international companies and investors, it has excellent accessibility as it is adjacent to Seolleung Station (Line 2 & Bundang Line) on foot in 2 minutes Long-term value increase is expected due to major environmental improvements in the GBD area (GBC, Jamsil MICE business, opening of GTX)

DF TOWER(preferred stock)

A prime location in GBD area, within 1 minute of Gangnam Station (Subway Line 2 & Shinbundang Line)
A stable office property with a 0% vacancy rate due to its excellent location and pleasant work environment