In the heart of Seoul, Gwanghwamun, there is a cluster of office buildings owned or invested in by the Government of Singapore Investment Corporation (GIC). After its first purchase in Korea in 2000, the Seoul Finance Center (SFC), GIC has subsequently acquired buildings in the surrounding area. Many buildings surrounding SFC, including The Exchange Seoul (formerly Kolon Building), The Exchange Seoul Mall (formerly Joyang Building), Premier Place, and NIA Building (Information Society Agency) are all owned by GIC. GIC’s strategy is to increase asset value with integrated asset management of those clustered around SFC. It promoted the integrated development of the SFC underground space to increase the value […]