Gran Seoul, a large office building adjacent to Jonggak Station in central Seoul, has completed its renovation. Gran Seoul was completed in February 2014, making it an asset that has been in operation for over 10 years. Koramco REITs & Trust, in...
‘Seoul Hotels’ is the hottest keyword in the Korean commercial real estate market Greetings from SPI editor Koh Byung-ki. This is the weekly commentary for the third week of September. Here, I will share notable stories from the South Korean commercial...
The National Pension Service (NPS) established a new team called the ‘Real Estate Platform Investment Team’ within its real estate investment division in early 2024. The real estate platform investment team specializes in platform investments...
It is a good time for buying and selling in the Seoul hotel market. A boom in underway as the hotel industry recovers from the COVID-19 downturn and series of hotel closures. Now that the disease has been downgraded to endemic, foreign tourist demand has...
Located in the heart of Myeongdong, Cheonghui Building, which received investment from Morgan Stanley, is being put up for sale. Cheonghui Building was acquired in 2017 by IGIS Asset Management, SK D&D, and Morgan Stanley. The three companies...
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