SPI Weekly Korean Market Update(3/15~3/21)

2022. 03. 21 · SPI

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

Hyundai Card and Hyundai Capital Initiate Sales of Three Real Estate Assets Hyundai Card and Hyundai Capital are accelerating the sale of three office buildings after selecting the Cushman & Wakefield Korea-NAI Property Consortium as the sales manager. The three sales targets are the Hyundai Card Factory headquarters in Yeouido, Seoul, the Busan building located at 8 Sajeon-ro (Bujeon-dong 155-1), and the Yeoungdeungpo building located at 150 Yeoungdeungpo 4-ga. The Yeouido headquarters has 6 basement levels and 10 above-ground levels, with a total floor area of 24,702sqm. In 2012, Hyundai Card and Hyundai Capital purchased the property for KRW 92.5 billion. The Busan building has 8 basement levels and 20 […]

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