KT Sourcing Trillions in Liquidity from Hotel and Rental Housing Real Estate Assets One of the top telecom companies in Korea, KT, is pushing for real estate asset liquidation on a large scale. KT recently distributed a Request for Proposal (RFP) to global real estate consulting firms and large accounting firms to liquidate its portfolio of approximately 20 hotels, rental properties, and other real estate assets. The list is said to include major assets such as 5-star hotels like Novotel Ambassador Seoul Dongdaemun, Andaz Seoul Gangnam, Sofitel Ambassador Seoul, Le Meridien & Mokshi Seoul Myeongdong, and rental housing owned by KT. The total value of the assets is expected to […]