Office buildings in downtown Seoul are rushing hold bids as the end of the year approaches. Some popular sales currently are Pacific Tower in Seosomun-dong, Jung-gu, Seoul being sold by Pebblestone Asset Management, the Seoul Finance Center (SFC) in Da-dong, Jung-gu, Seoul being sold by GIC, and the Crescendo Building on Saemunan-ro, Jongno-gu, Seoul being sold by DWS Asset Management. All have selected a sales advisory firm and set a bidding date. The deals are unlikely to close within the year, so the goal is to complete them within the first quarter next year. Pacific Tower is moving at the quickest pace. After Savills Korea was selected as […]