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Hanwha Galleria and GRE Partners Planning to Acquire Hapjeong H Square for KRW 80 billion in Mid to Latter Half of 2025

2025. 01. 31 · 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.

    The old Samsung Fire & Marine Insurance Building located at 378-10 Seogyo-dong, Mapo-gu, Seoul has a total floor area of 14,280 square meters. The building has four basement levels and 8 above-ground levels and has been owned by Samsung Fire & Marine Insurance since it acquired it from Hwaseung in 1999, over 15 years. In the process of disposing of idle real estate in the 2010s, Samsung Fire & Marine Insurance put it up for sale, and in 2016, Yoo Kyung PSG Asset Management attracted high net worth individuals to acquired it for KRW 50 billion. In October 2018, GRE Partners Asset Management acquired the property two years […]

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