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NH Financial Group Acquires DL Headquarters at Seodaemun Station

Business / Kim SangJin / 07/30/2024 03:52 AM

DL E&C Donuimun D Tower headquarters building. (Photo = DL E&C)

 

[Alpha Biz= Reporter Kim Sangjin] NH Nonghyup Financial Group is set to acquire the DL headquarters building, known as 'D Tower Donuimun.'

Located at 134 Tongil-ro, Jongno-gu, Seoul, this building is connected underground to Seodaemun Station on Line 5, making it highly desirable real estate.

According to investment banking sources on the 29th, Marston Investment Management, the seller of D Tower Donuimun, has selected NH Nonghyup REITs Management, a subsidiary of NH Nonghyup Financial Group, as the preferred bidder for the acquisition.

NH Nonghyup REITs Management participated in the bidding with full support from NH Nonghyup Financial Group. The group has been working diligently to develop the area around Seodaemun Station into 'NH Nonghyup Town.'

The area already hosts the Nonghyup Central Association, NH Nonghyup Financial Holdings, and NH Nonghyup Bank headquarters, but there is still a shortage of office space. NH Nonghyup Financial Group is reportedly aiming for an acquisition price of around 900 billion won.

 

 

 

 

AlphaBIZ Kim SangJin(letyou@alphabiz.co.kr)

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