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Shinsegae Property Advances Downtown with New Building Gran Seoul

2023. 10. 25 · 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.

    On July 28, SPI reported on the changes taking place at Gran Seoul, a large office building located near Jonggak Station. Gran Seoul is preparing plans to revitalize its retail space. The current owner of Gran Seoul, Koramco REITs & Trust, is looking for an operator to manage the retail space. Gran Seoul was pre-purchased by Koramco in 2011 in partnership with the National Pension Service (NPS). It was acquired in 2014. The NPS invested with full equity and is likely to hold the asset over the long term. The NPS has been selling a number of its office buildings in Seoul, including Namsan Green Building, Golden Tower, […]

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