KOR | ENG

A Rare Data Center Sale: Gasan DC PFV Shares Handed to KORAMCO Trust

2023. 05. 15 · Byungki Koh
0

Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

  KORAMCO Asset Management has put its PFV stake in the K Square Data Center up for sale. The center is under development at 319-19 Gasan-dong, Geumcheon-gu, Seoul. The sale involves selling the shares of major shareholders, including LF, the largest shareholder. The K Square Data Center has a site area of 6,141 square meters, and a total floor area of 41,214 square meters. It has three basement levels and 11 above-ground floors, with a power capacity of 40 megawatts (MW). All development-related permits and power securing have been completed and construction has begun on the project. The amount of equity investment from LF shareholders is KRW 145 billion, and […]

Please Register or Login to read the contents.