KOR | ENG

SPI Weekly Korean Market Update(2021.8.2~8.8)

2021. 08. 09 · Byungki Koh
0

Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

Emart to Sell Seongsu-dong HQ Worth 1 Trillion Emart puts its Seongsu-dong headquarters building and plot on the market. With CBRE as its advisor, the bidding is expected to begin in September. The Seongsu-dong Emart headquarters has a total area of 99,000㎡ and is worth an estimated KRW 1 trillion. The purpose of the sale is to secure financial resources for investment in eBay Korea, among other things. Interest is expected to be high. Seongsu-dong has also been called the “Brooklyn” of Korea. Centrally located, it has access to both downtown and Gangnam, and it has a unique atmosphere with a mixture of semi-industrial and Seoul Forest, a second only to […]

Please Register or Login to read the contents.