SPI Weekly Korean Market Update(2/15~2/20)

2022. 02. 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.

Yeouido Shinhan Financial Investment HQ Selects CBRE Korea for Sale Advisory Role CBRE Korea was selected as an advisory firm for the sale of Shinhan Financial Investment’s headquarters located in Yeouido, Seoul. The exact location of the building is 70 Yeoui-daero (23-2 Yeouido-dong), Yeongdeungpo-gu, Seoul. It sits directly adjacent the IFC, which is currently being sold. This building was completed in May 1995 and has 7 basement levels and 30 above-ground levels, with a total floor area of 70,169sqm. Shinhan Investment is reviewing the sale and lease-back method. This would involve selling the building, using this to find new growth engines via increased capital, then renting the building again. Considering […]

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