Mirae Asset Global REIT Cuts Dividend on Loss from Sale of US Logistics Hub; Share Price Plunges
Predicted impact: Medium
Dividend cut on US logistics sale loss; loss and 16% plunge already reported.
Mirae Asset Global REIT미래에셋글로벌리츠
396690 · KOSPI · ₩396690 · 미래에셋글로벌리츠
₩833▼ ₩146 (14.91%)End-of-day · Oct 27, 2026 · End-of-day prices.
Price · 1Y −68.68%
- Market cap
- ₩33B
- Enterprise value
- ₩17B
- P/E
- —
- P/B
- 0.2×
- Dividend yield
- 17.0%
- ROE
- −9.8%
- Net margin
- −124.8%
Trailing 12 months from filed financial statements, as of H1 2026. Dividend yield: the 2025 dividend per share from the annual report ÷ today's price.
52-week range−69.1% from the high
₩806Today: ₩806 – ₩988₩2,700
Returns
- 1W−35.0%
- 1M−41.4%
- 3M−49.1%
- 6M−63.6%
- YTD−67.7%
- 1Y−68.7%
- Volume today
- 707,445
- 7.9× the 20-day average
- Traded today
- ₩605M
- Listed shares
- 39,605,940
- EPS (12 months)
- −₩355
- Earnings yield −42.7%
AI researchResearch being writtenOur AI is writing a report on this company from filed data, prices and news. Check back soon.
Upcoming dates
Full calendar →🎁 Gift this stock
Send a friend ₩100,000 of paper money in this stock. They get it when they join.
Why is it moving?
−14.9% on Oct 27, 2026. Trading value 5.6× its normal.
Mirae Asset Global REIT has cut its dividend after a loss on selling a US logistics hub. Its share price fell sharply, and some investors say their money has been badly hit.
AI summary of the news and filings linked. It can be wrong; check them.
- • Foreign investors bought a net ₩34M that day
- • Buzz 72 on JONBUR: heavy trading
Possible reasons, not certainties. Not financial advice.
Signals
Buzzing- BuzzHighBuzz 72: heavy trading.
- SentimentNegativeNews: Dividend cut, a loss on a property sale and a sharp share price fall. Community: 0 bullish, 0 bearish posts this week.
- MomentumWeak-41.5% over the last month; the price is below its 20-day average.
- News impactHigh6 news items and filings in two weeks; 2 rated high impact, 1 medium.
Signals describe activity, not recommendations. Not financial advice.
Mirae Asset Global REIT stock overview
Mirae Asset Global REIT (미래에셋글로벌리츠, KRX: 396690) is listed on KOSPI, in the Real estate sector. Mirae Asset Global REIT is a Korean real estate investment company established in 2021 and licensed under the Korean Real Estate Investment Company Act to invest in and manage real estate and distribute its earnings to shareholders. Its shares closed at ₩833 on Oct 27, 2026, down 14.91% on the day, giving it a market value of ₩33B.
Key facts
- Market cap
- ₩33B
- Sector
- Real estate
- Latest price change
- −14.91%
- As of
- Oct 27, 2026
- Main business
- Mirae Asset Global REIT is a Korean real estate investment company established in 2021 and licensed under the Korean Real Estate Investment Company Act to invest in and manage real estate and distribute its earnings to shareholders.
Quick answers about Mirae Asset Global REIT
- What does Mirae Asset Global REIT do?
- Mirae Asset Global REIT is a Korean real estate investment company established in 2021 and licensed under the Korean Real Estate Investment Company Act to invest in and manage real estate and distribute its earnings to shareholders. Its investments are held through overseas vehicles and consist of commercial properties in the United States, including logistics facilities leased to FedEx, a warehouse leased to Amazon in Houston, and a retail property leased to Academy Sports, all on triple-net lease terms. Its revenue consists solely of dividend income from its subsidiary and fund holdings.
- What is the market cap of Mirae Asset Global REIT?
- The market capitalisation of Mirae Asset Global REIT was ₩33B at the close on Oct 27, 2026.
- Who are the largest shareholders of Mirae Asset Global REIT?
- According to the latest official filings, the largest reported holders are Mirae Asset Global Investors (24.84%, as of Oct 22, 2026); Koramco Asset Management (4.19%, as of May 8, 2026); DFA International Real Estate Securities Portfolio (0.44%, as of Jul 31, 2026).
- When is the next earnings report from Mirae Asset Global REIT?
- Korean companies rarely announce results dates in advance. Based on when Mirae Asset Global REIT filed the same report in past years, its next 2q results is expected between Feb 13, 2027 and Aug 14, 2027.
- Does the National Pension Service own Mirae Asset Global REIT?
- Yes. The National Pension Service held 0.35% of Mirae Asset Global REIT shares as of Dec 31, 2025.
Company profile
Mirae Asset Global REIT is a Korean real estate investment company established in 2021 and licensed under the Korean Real Estate Investment Company Act to invest in and manage real estate and distribute its earnings to shareholders. Its investments are held through overseas vehicles and consist of commercial properties in the United States, including logistics facilities leased to FedEx, a warehouse leased to Amazon in Houston, and a retail property leased to Academy Sports, all on triple-net lease terms. Its revenue consists solely of dividend income from its subsidiary and fund holdings.
Written by AI from the company's latest annual report.
- Korean name
- 미래에셋글로벌리츠
- Sector
- Real estate
- Themes
- REITs
- CEO
- 신현준
- Founded
- May 2021
- Listed
- Dec 2021
- Listed shares
- 39,605,940
- Fiscal year ends
- Month 03
- Website
- —
Similar companies
- SK Reit395400 · ₩1.6T₩5,330−0.37%
- Lotte Reit330590 · ₩1.2T₩4,200−0.47%
- Hanwha Reit451800 · ₩961B₩5,350+2.88%
- ESR Kendall Square Reit365550 · ₩744B₩3,025+0.50%
- Shinhan Alpha REIT293940 · ₩692B₩5,7200.00%
- SamsungFN Reit448730 · ₩472B₩5,180+0.19%
- Koramco Life Infra Reit357120 · ₩362B₩3,720+2.20%
- Xi S&D317400 · ₩284B₩7,330−1.61%
Recent news
"Even Collecting All Dividends, Principal Is Halved"... Mirae Asset Global REIT Investors Despair
High impactPredicted impact: High
Dividend cut tied to US logistics sale loss, share price already down sharply; tiny REIT.
[Stocks to Watch] Losses over half of US logistics center investment expected; Mirae Asset Global REIT plunges 16%
High impactPredicted impact: High
Reported expected loss of over half of US logistics investment; stock already plunged 16%, small REIT
Recent filings
See all- Sale of property, plant and equipmentOct 23, 2026
- Insider shareholding reportOct 22, 2026
- Insider shareholding reportOct 15, 2026
- Insider shareholding reportOct 1, 2026
- Insider shareholding reportSep 23, 2026
Titles in Korean until English translations are added.
Also known as: Mirae Asset Global REIT / 미래에셋글로벌리츠 / 396690 / KRX:396690
Source: KRX statistical information