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Many large construction companies affiliated with large corporations are suffering similar issues. For several years, large construction companies have been making efforts to grow into the development industry, a step-up from contractor where there are limitations on growth, and to acquire the ability to move beyond the residential sector. A decade ago in 2010, Samsung Group engaged in global developer benchmarking to help achieve this goal, conducting research into companies such as Hines and Tishman Speyer in the US and CapitaLand in Singapore. This move has since remained an unfinished task for Samsung. Large construction companies such as HDC Hyundai Development Company, GS E&C, Lotte E&C, Hanwha E&C, and DL […]
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Content Editor, Seoul Property Insight(SPI)
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