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BentallGreenOak Plants Flag in Pangyo Office Market

2022. 12. 05 · 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.

Global investors have been showing more interest in Pangyo, also known as Korea’s ‘Silicon Valley’. The Government of Singapore Investment Corporation (GIC) and M&G Real Estate, among others, have had a large influence on the Korean commercial real estate market and are making great efforts to invest in Pangyo. Whenever Pangyo Station-adjacent Alphadom City assets come up for sale, foreign funds and domestic institutional investors fight to secure the acquisition. In the case of Alpharium Tower, which was the most recent transaction, both GIC and M&G Real Estate participated in the bidding. Alphadom Tower is currently for sale and has also attracted a great deal of interest from foreign investors. […]

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