Hyundai Motor Group is currently promoting the liquidation of non-core assets located nationwide. The Nambu High-Tech Center located near Noryangjin Fisheries Wholesale Market in Seoul, as well as high-tech centers located in Seoul and the surrounding metro area, and several maintenance sites in non-urban areas are being considered for liquidation. 20-30 assets will be prioritized for liquidation. Discussions are underway with KB Asset Management, Shinhan REITs Management, and Koramco REITs & Trust. However, as the targets and methods of sale, as well as the strategy, have not been clearly established yet, it is expected that more discussions will be held with various market participants while establishing more detailed […]