October 6 was bidding day for Tower 8 (Cheongjin-dong, Jongno-gu, Seoul) which was being sold by DWS Asset Management. The commercial real estate transaction market is also being hit directly along with the entire financial market, but this kind of prime office building is a rarity in the city center, and it got the attention of major asset managers. Large managers such as IGIS Asset Management, Mastern Investment Management, KORAMCO REITs & Trust, and Samsung SRA Asset Management all prepared to participate in the bid. IGIS has deployed various company departments to prepare the bid, while KORAMCO has mobilized two of their main offices. Mastern hoped to gain momentum after […]