Square 1

Incheon Square One is a major retail asset representing the southwestern area of Incheon, and a large-scale mixed-use shopping mall with a total gross floor area of approximately 51,000 pyeong, directly connected to Dongchun Station on Incheon Subway Line 1. It benefits from strong accessibility to the airport, port, and nearby industrial complexes, while Dongchun-dong, Yeonsu-dong, and Okryeon-dong serve as its primary residential catchment areas, supporting solid foot traffic and residential demand. Rental income for Incheon Square One is paid to the REIT by the tenants, Seobu T&D and Homeplus, in the form of fixed rent linked to CPI.

Asset Overview

Building Name Square 1
Address 210, Cheongneung-daero, Yeonsu-gu, Incheon
Site Area 14,534 pyeong
Gross Floor Area 51,145 pyeong
Building Scale B3/5F
Completion / Opening June 2013 / October 2012
Tenant Seobu T&D (master lease agreement), Homeplus (long-term lease agreement)

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