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GIC-Invested Large Property in Guro, G-Tower, to Be Sold

2025. 04. 16 · 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 Government of Singapore Investment Corporation (GIC), a major player in the Korean commercial real estate market, recently attracted attention by investing KRW 150 billion G-Valley Biz Plaza in Guro-gu, Seoul. Completed in 2014, G-Valley Biz Plaza has a total floor area of 99,337.91 square meters, four basement levels, and 20 above-ground floors. Offices account for 57.1% of the total rental area, the hotel 23.5%, and retail 19.4%. The office space is leased by KT affiliates such as KT IS, FastFive, Samsung Life Insurance, Hanwha General Insurance, and NHN Cloud, while the retail space is leased by GS Retail, and the hotel is leased by Lotte City Hotel. […]

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