Assets continue to be pouring into the CBD office market. Just this week, two new office listings were announced. On the 20th, the Government of Singapore Investment Corporation (GIC) officially announced the sale of Seoul Finance Center by sending a Request for Proposal (RFP) to bidding advisory firms. The next day, on the 21st, DWS Asset Management also sent out an RFP for the sale of the Crescendo Building (formerly Daewoo Construction headquarters). Crescendo Building, an asset acquired by DWS Asset Management in collaboration with the National Pension Service (NPS) in 2013 for approximately KRW 390 billion, is due for maturity extension early next year. The sale is […]