
Gaining Competitive Edge, Woowa Brothers Moves into Tower 730: Sale Will Resume at Fair Price
2024. 01. 23 · 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.
Jamsil Station’s Tower 730 attracted Woowa Brothers, operator of the most popular South Korean delivery app, Baedal Minjok, as a tenant. The asset is being sold by Hyundai Invest Asset Management, and has now confirmed that it is a strong competitor in the office rental market. However, with a limited pool of investors in the capital market there is no hurry to sell until the difficult task of coming to the right price can be completed. Woowa Brothers Makes Priority Lease for Tower 730 at NOC of KRW 330,000 Woowa Brothers are currently leasing approximately 8,000 pyeong in offices scattered across the Jamsil area, including one in […]
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Content Editor, Seoul Property Insight(SPI)
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