HL REIT 2 Co., Ltd. announced that it will issue 4,000,000 shares at issue price of KRW 50,000 for gross proceeds of KRW 200,000,000,000 on August 9, 2022. The transaction will include participation from returning investor, Halla Holdings Corp. for 600,000 shares for gross proceeds of KRW 30,000,000,000.

The investor will hold 14.98% stake in the company post closing of the transaction. The transaction was approved by the board of directors of the company. The payment date is August 30, 2022.