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Weekly Korean Market Update(3/18~3/24)

2024. 03. 25 · SPI
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    Morgan Stanley Pursuing Sale of Susong Square, its Only Seoul Office Building, to D&D Investment. Morgan Stanley is pursuing the sale of Susong Square to D&D Investment (DDI), a subsidiary of SK D&D. Susong Square is an office building with a total floor area of 44,825㎡ (13,560 pyeong), a land area of 5,275㎡ (1,596 pyeong). It has six basement levels and 16 above-ground floors. Located in Susong-dong, Jongno-gu, Seoul, it is currently home to SK affiliates, including SK Eco Plant. When Samsung Life Insurance sold the building that was previously used by Cheil Industries in 2015, SK D&D purchased it and expanded it horizontally. The following year, in […]

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