[REITs is] 신한알파리츠, 초과배당 규제 변수 '촉각'

Shinhan Alpha REIT's high dividend payout strategy faces regulatory scrutiny as authorities shift focus from investment promotion to financial stability, particularly following JR Global REIT's insolvency. The practice of using depreciation allowances to fund excess dividends while securing tax exemption benefits—previously encouraged—now threatens market liquidity and may trigger regulatory reforms.