Invesco has put Majestar City Tower One up for sale. The asset is located opposite the Supreme Court in Seocho-dong, Seocho-gu, Seoul (12 Seocho-daero 38-gil). A related article was published on April 11, <Invesco Logistics Portfolio Sale to be Followed by Majestar City Office> When that article was written, the seller was preparing to send a request for bid (RFP), and after sending the RFP, CBRE was quickly selected as sales advisor. Invesco hoped to complete the transaction as quickly as possible. Majestar City Tower One was acquired by Invesco in 2016 in partnership with IGIS Asset Management. It was acquired for KRW 18 million won per 3.3 square meters. […]