A hotel property has recently become available in Pangyo for the first time in several years. Mastern Investment Management is planning to sell Gravity Seoul Pangyo, located near Pangyo Station, due to the approaching fund maturity. Mastern selected S-1 its sales advisory firm and conducted bidding last June.     The sale was not expected to be a success, and many have speculated that Mastern will simply extend the fund’s maturity. The hotel market experienced a post-COVID boom in a market where many existing hotels had closed but there was an influx of tourism. Despite this, the state of hotel transactions is still sluggish. The hotel’s performance has […]