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Weekly Korean Market Update (2/12~2/18)

2024. 02. 18 · SPI
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    Under Corporate Workout, Taeyoung Construction Pursues Sale of Take Hotel in Gwangmyeong-si, Gyeonggi-do Taeyoung Construction, which is undergoing a workout, is pursuing the sale of Take Hotel in Gwangmyeong-si, Gyeonggi-do. Located a 5-minute walk from KTX Gwangmyeong Station, the hotel is a 228-room, 4-star hotel equipped with the only covered infinity pool of any hotel in Korea, a 200-seat buffet restaurant ‘H Garden’, and two large banquet halls that can accommodate international events. Typically, one or two sales managers are selected to promote the sale, but Taeyoung Construction is known to have sent a request for sale proposal (RFP) to multiple domestic real estate advisory firms at the […]

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