With three attempts at finding a new owner, Shilla Stay Seodaemun seller IGIS Asset Management selected KB Asset Management as the preferred bidder for Shilla Stay Seodaemun on September 4.     Shilla Stay Seodaemun Selects KB Asset Management as Preferred Bidder IGIS put Shilla Stay Seodaemun on the market at the end of 2023 and has been attempting to sell it to CapitaLand Investment Management, then Morgan Stanley, but each time it has fallen through, leading to difficulties in exiting. However, the recent performance of the hotel market in Seoul has significantly improved, reviving hotel investment sentiment and positively influencing the sale of Shilla Stay Seodaemun. In […]