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Daegu Department Store sells Daegu downtown land and building assets for KRW 130 billion

PUBT·10/13/2026 07:09:33
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Daegu Department Store sells Daegu downtown land and building assets for KRW 130 billion
  • Daegu Department Store agreed to sell land and buildings in Daegu’s Jung-gu district for KRW 130 billion.
  • Transaction equals 30.90% of total assets based on its FY2025 consolidated financial statements.
  • Buyer is Daegu Medi City K Global, a real estate company.
  • Closing set for Dec. 15, 2027, with payments staged from Oct. 13, 2026 through the closing date.
  • Sale aims to strengthen the balance sheet, improve asset efficiency, support operational streamlining.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Daegu Department Store Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261013000244), on October 13, 2026, and is solely responsible for the information contained therein.