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KT Estate is Relief Pitcher for K Square City with Preferred Stock Investment

2024. 03. 16 · 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.

      KT played an important role in last year’s dry Seoul office market. With interest rates soaring, investor recruitment was no easy feat, but KT Estate filled the gap by investing equity ranging from as little as KRW 5 billion to as much as KRW 20 billion. Seoul offices that KT Estate invested in last year include the April sale of the Gwanghwamun Concordian Building, Yongsan The Prime Tower, Majestar City Tower One, and Samsung SDS Tower. KT Estate invested common stock in these office buildings and created synergy by linking the investment with the PFM (PM+FM) business, increasing its influence in the Seoul office market. It’s earned […]

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