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Townsend Office Opening in Magok One Grove Considers Relationship with NPS

2024. 10. 17 · 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.

    The leasing market for Magok Office, one of the biggest topics in the Seoul office market this year, is unfolding somewhat differently than initially expected. The Magok office market was initially expected to become a hub for biotech and major corporations. Many biotech companies, LG Science Park, have already established themselves or are planning to establish themselves, so this prediction is not entirely wrong. However, it was not expected that global financial companies would show much interest in the Magok office market. Interest from global financial companies continues after the completion in September of One Grove (CP4), the largest office building in Magok with a total floor area […]

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