Shinyoung Group said on the 22nd that its real estate service platform corporations SL Platform will change its name to "Shinyoung SLP (SHINYOUNG SLP)."
Shinyoung SLP is a corporation launched in Dec. 2021 through the merger of Shinyoung Group affiliate "Shinyoung Asset Management" and the residential service platform corporations "Sosio Living." As Shinyoung Asset Management's asset and lease management capabilities combined with Sosio Living's platform-based residential service capabilities, the business has expanded its base by adding platforms and services to real estate operations. Revenue increased about 2.1 times from 43.3 billion won on a 2021 settlement of account basis before the merger to 91.0 billion won on a 2025 settlement of account basis.
Through the name change, Shinyoung SLP plans to clarify its identity as a specialized real estate operations corporations, while expanding market trust and recognition and synergy among affiliates through its link to the group brand "Shinyoung."