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SPI Weekly Korean Market Update(3/8~3/14)

2022. 03. 14 · SPI
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

Yeoksam Multicampus Building Breaks Price Record for Gangnam The transaction price of the Multicampus building located in Yeoksam-dong, Gangnam, Seoul is expected to break the record for highest price in the Gangnam office market. Avison Young, who is overseeing the sale of the Multicampus building, selected KOREIT as the preferred bidder for the acquisition through an open bidding in February. The final bid is in in the KRW 40 million range per 3.3 square meters, making the total sale price estimated at around KRW 300 billion. This would the highest price in the Gangnam area, exceeding the The Pinnacle Yeoksam Tower, which was traded at about KRW 40 million per […]

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