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Reorganization of Alphadom City: Alphadom Tower for Sale

2022. 11. 08 · 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.

SPI recently reported on how steep interest rate hikes have led mutual aid associations to shuffle the shareholder composition of Pangyo Alphadom City. KTCU and POBA are major players in the alternative investment market, but have been experiencing severe financial difficulties due to higher salaries, the interest rate hikes, an increase in member loan requests, and capital calls. There is also movement to secure liquidity in advance, believing that there will be good investment opportunities next year. Asset prices have risen significantly compared to the initial investment, while forecasts predicted that high-quality assets that would be of interest to investors would come up for sale despite a weak financial market. […]

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