KOR | ENG

The Asset Confirms Trophy Status with Final Five Bidders in Heavy Competition amid Struggling Market

2024. 07. 04 · Byungki Koh
0

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

    “This shows the competitiveness and status of core assets. We see this as a case that proves why we should invest in core assets.” This is an assessment from an industry insider who has been monitoring the bidding results for The Asset. Located near Gangnam Station, this asset is proving itself as a trophy asset firsthand. The bidding for The Asset took place on July 1, and has succeeded beyond all market expectations. Many more bidders participated than expected. The eight participants were Korea Investment AIM Asset Management, Samsung SRA Asset Management, Mirae Asset Management, IGIS Asset Management, Kiwoom Investment Asset Management, Hyundai Motor Securities (KORAMCO Asset Management), […]

Please Register or Login to read the contents.