Live Deal Pipeline
Deal detail
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Class I neighbourhood living facilityNEWPublished real estate deal
Building near BIFF Square, Busan
Neighbourhood facility in a general commercial zone on the main Gwangbok-ro high street, immediately adjacent to Nampo Station in Busan
| Asset type | Class I neighbourhood living facility |
|---|---|
| Location | 73 Gwangbok-ro, Jung-gu, Busan |
| Area | Site area: approximately 133 pyeong; gross floor area: approximately 523 pyeong |
| Asking | KRW 20 billion (negotiable) |
| Target buyer | Hotel development investors and companies seeking income-producing real estate |
Investment highlights
- Located in a general commercial zone, allowing a range of future development strategies
- Two minutes' walk from Nampo Station on Busan Subway Line 1, in the heart of the Gwangbok-ro fashion street retail district
- Beneficiary of the expanding old-town retail district, with surging foreign footfall from wider cruise and air routes and a location on the core tourist route linking Jagalchi, Yongdusan and Gukje Market
Deal partner
Seunggu Yoon, Partner