[Interview] Number 1 Advisor in Purchasing and Sales, CBRE Turning Point and The Virtuous Cycle
2022. 03. 23 · 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.
Story 21: Sean Choi, Executive Director of CBRE Korea Capital Markets Pangyo Alpharium Tower and Seongsu-dong Emart HQ were the most popular properties in the commercial real estate market last year. Both were large assets with sales prices exceeding KRW 1 trillion. There was fierce competition with participation from a large number of domestic and foreign institutional investors as well as the most respected asset managers. Bidding was held over the course of several rounds due to this extreme level of competition. Another big factor was the interest rate hike. Even with this high level of difficulty, both deals were closed in a relatively short period of time without major […]
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Content Editor, Seoul Property Insight(SPI)
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