KOR | ENG

Weekly Korean Market Update(02/24~03/02)

2025. 03. 03 · SPI
0

Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

Hyundai, CJ Korea Express, Eland, and Other Major Companies Accelerating Liquidation of Non-core Assets Large companies are speeding up the liquidation of their non-core assets. According to industry sources on the 25th, Lotte World recently expanded and reorganized its asset disposal task force that includes CFOs from each affiliate. The newly established Asset Disposal Task Force was formed at the end of last year to actively promote the liquidation of Eland Group non-operating assets. The Asset Development Department responsible for real estate business and each business unit’s CFO reporting line are collaborating to discuss asset-specific divestment strategies. Last year, Lotte World attempted to sell the Gangnam eSquare building owned by […]

Please Register or Login to read the contents.