Shinyoung acquires Gangnam Hilltop Hotel for KRW 110.7 billion Real estate developer Shinyoung has acquired the Hilltop Hotel Nonhyeon-dong, Gangnam-gu, Seoul for KRW 110.7 billion. The financing structure is designed around equity rather than loans. Hilltop Hotel has a land area of 1,942.4 square meters and a total floor area of 6,373 square meters. There are two basement levels and five floors above ground. The transaction organizer was Samjong KPMG.     COMWEL Selling Assets KRW 34.8 billion in 5-year Plan Korea Workers’ Compensation and Welfare Services (COMWEL)is selling KRW 34.8 billion in assets over a five- year period to asset efficiency. This decision is based on the government’s push […]