Mirae Asset Global REIT미래에셋글로벌리츠

Mirae Asset Global REIT is under heavy pressure after a dividend cut and a reported loss on the sale of a US logistics property.

The REIT, which holds US commercial properties leased to FedEx, Amazon and Academy Sports, posted a trailing twelve-month net loss of about ₩14.1B on revenue of ₩11.3B for the period to H1 2026. Its share price closed at ₩833 on 27 October 2026, down about 69% over one year and near its 52-week low of ₩806. The company reportedly cut its dividend after a loss on the sale of a US logistics hub.

What stands out

• Revenue fell 4.4% in 2025 and the company has moved from operating profit in 2022 to 2024 to an operating loss of about ₩2.4B on a trailing basis.
• Trailing net loss is about ₩14.1B, a net margin of -124.8%, and liabilities are 168.2% of equity.
• The stock trades at 0.2 times book value and the data shows a 17% dividend yield, but the cut reported in news means the yield may not be sustainable.
• Headlines describe investors who say principal has been roughly halved even after collecting dividends; the filing list shows a sale of property, plant and equipment on 23 October 2026.
• Foreign ownership fell from 1.5% to 0.9% over 60 days, while retail investors were net buyers over the last 20 days.

What to watch

• The company's next dividend decision and any further details of the US logistics hub sale and its loss.
• Upcoming periodic filings and any new disclosures on borrowings, since the data shows no borrowings figure.
• Tenant and lease status of the US properties, given the company relies entirely on dividend income from its overseas holdings.