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Weekly Korean Market Update(04/14~04/20)

    Koramco Acquires Gwanghwamun Crescendo Building for KRW 556.7 billion Koramco REITs & Trust is acquiring the Crescendo Building, a prime office in Gwanghwamun, for KRW 556.7 billion. Investment banking sources confirmed on April 15 that Koramco is...

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

    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...