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The seller of the hottest asset in the commercial real estate market this year, Alphadom Tower in Pangyo, announced today that it has selected a preferred bidder, Samsung SRA Asset Management. Samsung SRA Management offered a price of KRW 26 million per 3.3 square meters, the only offer above the 26 million range. A full equity acquisition is also being recommended. This will be the first asset acquired in Pangyo for Samsung SRA Management. Despite a contraction of the commercial real estate market due to rising interest rates, the bidding for Pangyo Alphadom Tower has concluded successfully. Held in mid-January, the six bidders included IGIS Asset Management, Pebblestone Asset Management, […]
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Content Editor, Seoul Property Insight(SPI)
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