Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
Transactions in the commercial real estate market have decreased significantly in the aftermath of the interest rate hikes, but transactions are still taking place in the Seoul office market. Last April, Mastern Investment Management acquired the Concordion Building located in Gwanghwamun, and since then, Pangyo Alphadom Tower, and a 50% stake in Gangnam Station Scale Tower, Majestar City Tower One, and Tower 8 have all been looking for buyers. Preferred bidders were also selected or shortlisted for Samsung SDS Tower, Anam Tower shares, and Golden Tower, all located in the Gangnam area. Recent Bids Gauge Seoul Office Trading Mood Golden Tower received the most interest from […]
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Content Editor, Seoul Property Insight(SPI)
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