Last August, we reported that Mastern Investment Management was acquiring Musinsa’s newly developed office building in Seongsu-dong. The transaction was completed on October 6. It has been difficult recently for transactions to be completed even after the preferred bidder has been selected. This transaction is the first good news the market has heard in a long time, as transactions have struggled to close. This deal is of great significance for that reason alone. Today we are delving into the greater meaning of the Musinsa HQ deal closing in the context of the current market atmosphere. This is not the first deal between Mastern and Musinsa. Mastern already owns […]