SK reits

Portfolio

Core R&D hub for SK Hynix,
“prime” office location near two
subway stations

A landmark property located in the central commercial area of the Bundang area
High rental and investment demand from major corporations and IT companies
Excellent access to the GBD, Pangyo, etc. connected via the Shinbundang DX Line

overview
Location	9 Seongnam-daero 343, Bundang-gu, Seongnam-si
Use approval date	June 27, 2005
Service area	Central commercial area, district-unit planning zone, venture-company-promotion organizations	Main use	Business facility / condominium building
Land area	9,967㎡ (3,015 py)	Total floor area	86,803㎡ (26,258 py)
Exclusive use ratio	55.49%	Size	B6 / 28F
Master tenant	SK Hynix
Purchase price	KRW 665.8 billion (June 30, 2023, Kyungil Appraisal Corporation)
Estimated value of real estate	KRW 611.1 billion (Dec. 31, 2023, Kyungil Appraisal Corporation)

Location

Lease status

Subject Asset U-Tower
Tenant* SK Hynix
Lease Term** 5years
Rent Increase Rate*** Linked with CPI-increase rate for Gyonggi-do for previous year
Lease Deposit 10-months’ monthly rent
Management cost payment**** Triple Net
*100% Master Lease

**Extension available upon tenant’s request (+5 years)

***While being linked with CPI-increase rate for previous year, with the threshold of 1.5% and cap of 5.0%

****Management cost Triple Net: Tenant bears maintenance costs, insurance premiums, and taxes and public imposts

About
Tenants

Global top-tier company that contributes to humanity and society through technology

SK Hynix provides greater value to its stakeholders, such as customers, cooperative companies, regional communities, members, etc., through global tech leadership. Additionally, it makes efforts to become a solution-provider that leads the global ICT ecosystem through hyper-cooperation that breaks the initial mold with global partners.

Total assets KRW 100.3 trillion
Sales KRW 32.8 trillion
Operating income KRW -7.7 trillion
Credit Rating AA

(As of Dec. 31, 2023, Consolidation basis)

TOP

SK Real Estate Investment Trust Company Co., Ltd. (SK REIT, hereinafter referred to as the “Company”) shall protect the personal information of information subjects pursuant to Article 30 of the Personal Information Protection Act, and in order to expeditiously and smoothly handle grievances related to personal information, the Company shall establish and disclose the following Privacy Policy.

Article 1. Purpose of processing personal information

The Company shall process personal information for the following purposes. Personal information being processed shall not be used for purposes other than the following. Should the purpose of using personal information change, the Company shall take necessary measures, such as obtaining separate consent pursuant to Article 18 of the Personal Information Protection Act.

1. Customer consultation, rendering services, resolving conflicts, etc.

Article 2. Processing and retention period of personal information

① For the following personal information, the Company shall retain and use personal information based on the consent of the information subject or relevant laws. The Company shall destroy personal information without delay when the purpose of processing it has been achieved. However, if the Company is compelled by law to retain personal information, it shall retain said personal information for the period stipulated under the relevant law.

Processing and retention period of personal information
Personal information file name	Personal information for customer consultation, dispute resolution, and shareholder-related tasks
Personal information items	Name, resident registration number (business number, corporate registration number), e-mail, mobile phone number, address, and other information necessary for processing personal information
Grounds for retaining personal information	Customer consultation, dispute resolution, and if there is a legal basis. Please note that the resident registration number is retained only if there is a legal basis
Retention / use period	The period for which consent was obtained when collecting personal information, or the period stipulated under relevant laws and regulations

② The following personal information items may be automatically generated and collected over the course of using Internet services. In such a case, the Company shall retain and use said information for a period of one year.

1. IP address, cookie, service usage logs, access logs, bad/faulty use logs

Article 3. Providing personal information to third parties)

In principle, the Company shall process the personal information of the information subject within the scope defined in Article 1 (Purpose of processing personal information), and it shall not process personal information beyond the said scope or provide it to a third party without the prior consent of the information subject. However, personal information may be provided to third parties in the following cases.

If there are special provisions in the law or providing personal information is unavoidable to comply with legal obligations
If the information subject or the information subject’s legal representative is unable to express his/her intent, or if prior consent cannot be obtained due to unknown/inaccurate address information, etc. (here, the provision of personal information shall be clearly necessary for responding to immediate threats to the life, body, or property of the information subject or a third party)
If personal information is necessary for statistical compilations/academic research or market research, the information processed and provided in a form in which each specific individual is completely anonymous
If personal information is necessary to settle fees/charges for rendered services

Article 4. Consigned processing of personal information

① The Company shall consign the processing of personal information to the following to ensure seamless processing of said personal information.

Consigned processing of personal information
Consigned party	Consigned tasks	Retention period
3ANYINC Co., Ltd.	Administration of the Company’s official website	Personal information shall be destroyed upon completion of relevant tasks
Shinhan Aitas Co., Ltd.	Tasks including the preparation of shareholder registers	Personal information shall be destroyed upon completion of relevant tasks

② 위탁업무의 내용이나 수탁자가 변경될 경우에는 지체없이 본 개인정보 처리방침을 통하여 공개하겠습니다.

③ 회사는 위탁계약 시 위탁업무수행목적 외 개인정보 처리금지, 개인정보에 관한 제3자 제공 금지, 재위탁 제한 및 책임부담 등을 명확히 규정하고, 당해 계약내용을 서면 및 전자보관하고 있습니다.

Portfolio

SK U-Tower

Location

Lease status

About Tenants

Declining unauthorized collection of e-mail information

SK REIT Privacy Policy

About
Tenants