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IGIS is Betting on Seoul Station’s Potential

2021. 10. 22 · 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.

IGIS Asset Management plans to transform the Millennium Hilton Hotel into a complex facility complete with offices, a hotel, and retail units. The office section is expected to account for 75-80% of the total space. IGIS has made this bold investment on the basis of its high evaluation of Seoul Station area’s potential. They also have a generally positive outlook on the Seoul office market.     Foreign Investors See Potential in Seoul Station As the symbolic center of the capital, Seoul Station is often compared to central stations of other major world cities. Office markets near other similar stations, such as Central Station in Tokyo, are very active. In […]

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