Greetings from SPI editor Koh Byung-ki. The following is my weekly commentary on the third week of 2026. Last week, the commercial real estate market in Seoul was focused entirely on issues related to Centerfield. Centerfield is owned by IGIS Asset Management as a real estate fund, with the National Pension Service (NPS) and Shinsegae Property as major investors. Located in the Yeoksam area of Gangnam along Teheran-ro, (231 Teheran-ro, Gangnam-gu, Seoul), the property has a total floor area of 239,252 square meters, consisting of two buildings: West (with seven basement levels and 36 above-ground floors) and East (with seven basement levels and 35 above-ground floors), composed of […]