2022. 05. 17 · Byungki Koh
0
Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
GIC-owned Gangnam Finance Center (GFC) is a highly regarded asset in the eyes of anyone in the commercial real estate industry. Since GIC acquired the building in 2004, it has been held for nearly 20 years. The building has boasted near-zero vacancy rates thanks to being the home to several IT companies including Google, Samjong KPMG, and foreign companies. This ultra-high-quality asset was recently refinanced. Lenders include Samsung F&M, among others, with an interest rate set at 4.2%, surprising many in the commercial real estate industry. This is because Samsung F&M is known for offering generous interest rates. Even the interest rate on loans secured by the safest assets such […]
※The copyright of the content is on the Seoul Property Insight (SPI) and may be subject to legal sanctions for unauthorized capture or illegal publication.
Content Editor, Seoul Property Insight(SPI)
0 Comments
Trackbacks/Pingbacks