The Seongsu-dong office market is traditionally the center of the knowledge business sector. But in the past 2-3 years, Seongsu-dong has been the center of new kinds of businesses, with domestic and overseas institutional investors flooding in to grow its office market at a rapid pace. (Of course, there will always be knowledge business industries in Seongsu.) First, D Tower Seoul Forest was acquired by LB Asset Management and Government of Singapore Investment Corporation (GIC), then followed by Hong Kong investor Star Properties, IGIS Asset Management, Mirae Asset Management, Mastern Investment Management, Koramco REITs & Trust, Eden Investment Management, KT Estate, NeoValue, among others, who were mostly investing in office […]