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Flood of Hotel Listings, Everything from KT&G’s Namdaemun Hotel to IGIS’s Shilla Stay Haeundae

2025. 04. 24 · 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.

    Hotels are quickly entering the market all over Korea, everywhere from Seoul to Busan and Jeju. Recently, Deloitte Anjin has been selected as the sale advisory firm for IGIS Asset Management’s sale of Four Points by Sheraton Josun Seoul Myeongdong, and DDI (D&D Investment) has decided to begin the sale process for the Grand Josun Jeju Hotel. Parnas Hotel Jeju being sold by Blue Cove Asset Management has selected CBRE Korea and Samjong KPMG as the sale advisory firms and will conduct bidding on the 18th. Several other hotel properties are already on the market, while more hotels owned by KT Estate and Hotel Lotte are also expected […]

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