# Mirae Asset Global REIT sinks as U.S. logistics sale signals heavy losses - CHOSUNBIZ

Canonical page: https://sequoia-research.com/news/mirae-asset-global-reit-sinks-as-u-s-logistics-sale-signals-heavy-losses-chosunbiz-d12b48f0

Author: Sequoia Research
Published: 2026-10-26T02:23:00.534Z
Updated: 2026-10-26T03:38:24.916Z
Original source: [Chosunbiz](https://biz.chosun.com/en/en-finance/2026/10/26/SVJ35AK3KFBZVNKIWR2WFY2VHQ/)
Source published: 2026-10-26T01:42:00.000Z
Type: News
Topics: REITs

Chosunbiz reports that Mirae Asset Global REIT traded at 1,026 won, down 16.79%, at 10:39 a.m. on October 26 after disclosing plans to sell its FedEx-leased Tampa logistics property. The proposed sale price is US$58.2 million, with most proceeds expected to repay local borrowing.

According to the disclosure described in the report, projected recovery on the property’s equity investment is 44.4% in won terms, including dividends already received. The proposed buyer is WSRE CP Last Mile Investors, with closing scheduled for October 27. The company cautioned that negotiations could change the terms or timetable; the recovery figure remains a projection.

[Read the original](https://biz.chosun.com/en/en-finance/2026/10/26/SVJ35AK3KFBZVNKIWR2WFY2VHQ/)

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This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.

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