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Growing Burden from Large Office Listings, Successive Deal Closings Depleting Preferred Stocks and Funds

2024. 03. 30 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    Arc Place, K Square City, Gwanghwamun G Tower: this month alone, three offices buildings located in Gangnam and the CBC are closing deals. Additionally, the Hi Investment & Securities Building located in Yeouido is expected to close next month. It seems like much-needed rain after a long drought. With low market liquidity, seeing deals close brings some relief. But despite successive deal closings, the burden is increasing. There is still a large gap between the perspectives of sellers and buyers. Regardless of whether the amount is large or small, investors can only be persuaded if the price is adjusted. In the case of Arc Place, the deal was […]

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