Self-Storage Real Estate Investment Activation…Darak, Together with Shinhan Asset Management

The self-storage service ‘Mini Warehouse Darak’ operated by Second Syndrome announced on the 4th that it has signed a business agreement with Shinhan Asset Management to activate real estate investment in the self-storage sector.

The mini warehouse Darak provides space for individuals to store goods in urban buildings, charging a monthly subscription fee. It offers various sizes of storage space, allowing single-person households and others to utilize their living spaces more flexibly and widely.

Through this agreement, both parties plan to continue building a comprehensive cooperative relationship by conducting domestic market research on the self-storage industry, establishing real estate investment models, and discovering new growth areas in real estate.

Second Syndrome has been proposing a new real estate utilization model that transforms vacant spaces in urban areas into income-generating assets based on more than 200 mini warehouse Darak locations nationwide. It provides self-storage services based on space automation technology, including IoT (Internet of Things) and unmanned operation systems.

Hong Woo-tae, CEO of Second Syndrome, stated, "This agreement will be an important turning point where self-storage connects with institutional finance in earnest," adding, "We will work together with Shinhan Asset Management to create a new growth axis for the domestic real estate market through Mini Warehouse Darak."

Choi Tae-beom, Reporter (bum_t@mt.co.kr)