IGIS Asset Management is planning to relocate its headquarters to Seoul Station. The predecessor of IGIS, PS Asset Management, started in 2010 at the Gangnam Finance Center (GFC) and moved to the Yeouido Sewoo Building, which is currently used as its...
Goldman Sachs’ investment in Itaewon’s Avenue 123 is going up for sale. Starlord Asset Management sent out a Request for Proposal (RFP) on September 1 to select a sales advisory firm. Avenue 123, located at 123-1 Itaewon-dong, Yongsan-gu,...
On September 4, Hanwha announced that it has selected the world-renowned hotel and resort group Mandarin Oriental as the hotel partner for its North Seoul Station mixed-use development project, and a contract has been signed. Mandarin Oriental operates...
The schedule for the main bidding for IGIS Asset Management, the largest real estate asset management company in Korea, has been finalized. The advisory firms Morgan Stanley and Goldman Sachs conducted a preliminary bidding on August 13, and selected Hanwha...
Koramco REITs & Trust has selected Koramco Asset Management as the preferred bidder for the sale of the large office building, Bundang Doosan Tower. It has been just over a month since the bidding on July 29. Bundang Doosan Tower, located at 161...
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