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Homeplus backs out of planned $1.5B K-REIT listing
3/15/2019

South Korea's Homeplus has decided to cancel its planned $1.5 billion K-REIT listing, citing weak investor demand. The government has been trying to encourage companies to list REITs to attract investment in the commercial real estate sector, and there were hopes that Homeplus' listing would vitalize the country's emerging REIT market.

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