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Shisegae duty free to rent department store building space

June 15, 2016 - 17:09 By 황유미
[DISCLOSURE] Shinsegae (004170) will lease part of its department store building in central Seoul to its affiliate Shinsegae DF, it announced on June 15. The duty-free subsidiary will rent seven stories of the main store and pay 27.4 billion won ($23.2 million) over the next five years.