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IGIS Asset Management has secured land for their second project in Seongsu-dong. After their first purchase in 2020, several of its teams have been seeking more investment opportunities in Seongsu-dong. Two of such teams participated in the E-Mart HQ bidding and showed interest in the neighborhood by reviewing several other projects as well. If this had gone smoothly, they would have secured at least five more plots of land. But the E-Mart HQ bidding proved how difficult it is becoming to secure land in Seongsu. Still, IGIS has managed to secure their second plot of land near Yeongdong Bridge, which is to become the new Gentle Monster headquarters. […]
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Content Editor, Seoul Property Insight(SPI)
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