ARA Korea Selling Seoul Square in Seoul Station Area The Japanese asset management company ARA Korea Asset Management is moving forward with the sale of Seoul Square, a landmark office building located directly opposite Seoul Station. Seoul Square is an office building with a total floor area of 132,806 square meters that ARA acquired in 2019 in partnership with NH Investment & Securities for approximately KRW 988.2 billion. The current occupancy rate is 79.3%, and major domestic and international companies such as SK Shipping, WeWork, and Mercedes-Benz are current tenants. ARA is pushing for a sale ahead of the fund’s maturity in February next year.     Hana […]