
2025. 09. 22 · 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.
Gran Seoul, a large office building adjacent to Jonggak Station in central Seoul, has completed its renovation. Gran Seoul was completed in February 2014, making it an asset that has been in operation for over 10 years. Koramco REITs & Trust, in partnership with the National Pension Service (NPS), acquired assets that have been held for many years since their completion. The facilities were aging and lacking amenities seen in newly constructed buildings, leading to weaker competitiveness. To respond to this, Koramco began to implement major changes starting in 2023. Koramco partnered with Haevichi to improve amenities for office tenants, also making many changes to the lobby. The […]
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Content Editor, Seoul Property Insight(SPI)
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