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Mastern Expands Footprint in Seongsu with Musinsa Acquisition

2023. 08. 14 · Byungki Koh
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    Among asset managers, Mastern Investment Management has shown the most interest in Seongsu-dong and has made several investments. Starting with the acquisition of Musinsa Campus N1 (277-47 Seongsu-dong 2-ga), which Musinsa currently leases and uses as an office building, Mastern plans to continue acquiring more assets and carrying out development projects in Seongsu. Musinsa made its first foray into Seongsu when it moved into the second Spark Plus Seongsu location in 2020, and since then, it has leased Musinsa Campus N1 and purchased the site directly to develop offices and retail, acting as a developer, changing the landscape of Seongsu-dong in the process. Musinsa is one of the […]

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