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Jongno Tower Tells the History of the Commercial Real Estate Market

2021. 12. 31 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

The office buildings we see in major areas of Seoul embody the history of the Korean commercial real estate market. In each office building, the process of transferring ownership of such corporate development projects over the past 20 years to foreign investors or domestic institutional investors, and recently to listed REITs can be read like a history book. Jongno Tower was recently discussed while telling the story of Keppel Asset Management, a well-known company employing the value-add strategy. Jongno Tower contains within it the very history of the Korean commercial real estate market. Through the history of the owners of Jongno Tower, we can understand trends in the Korean commercial […]

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