Strategic investors (SI) continue to lead the office transaction market in Seoul this year in a continued trend from 2024. In January, NCTower1, which was the first to conduct a bidding for the property in the Gangnam office market for 2025, selected SEMA (Korea Scientists and Engineers Mutual-Aid Association) as preferred bidder. SEMA had spent a significant amount of time searching for a new building. The Pacific-SEMA partnership was selected by offering KRW 47.5 million per 3.3 square meters, surpassing game company 111%-Mirae Asset Management, and the Hyunsong Education and Culture Foundation. The total contract price amounts to approximately KRW 440 billion. In the previous bidding held on […]