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Mastern Investment Management Sells Centerpoint Gangnam to F&F

2024. 12. 16 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    On December 13, Mastern Investment Management announced that it has completed the sale of Centerpoint Gangnam, an office building in the Gangnam area, to F&F. Mastern Investment Management selected F&F as the preferred bidder in October last year. After selling the asset in December and completing a year of construction, the building received approval for use on October 31. The sales amount is approximately KRW 351.9 billion, or KRW 43 million won per 3.3 square meters. F&F is planning to start using the new building as their headquarters from January next year. Mastern Investment Management CEO Nam Gung-hoon has announced plans to continue increasing real estate value and […]

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