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KKR Begins Sale of Namsan Green Building in Seoul Station Area

2025. 03. 23 · 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 Namsan Green Building (formerly SK Namsan Green Building) that was acquired by Kohlberg Kravis Roberts (KKR) in early 2023 is going up for sale. Located at 24 Toegye-ro, Jung-gu, Seoul, the asset was put up for sale by IGIS Asset Management in 2022. The investor was the National Pension Service (NPS), and SK Group held the right of first refusal. As can be seen from its former name, it served as the headquarters for SK Group subsidiary SK Broadband. Many speculated when the asset was put on the market that SK Group would exercise its right of first refusal. Previously, the SK Group exercised its right of […]

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