Seobu T&D invests KRW 624.07 billion to develop Yongsan office, high-end officetel project

Bitget2026/10/01 08:34

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Seobu T&D mapped out a KRW 624.07 billion build-out on its Yongsan, Seoul land to expand operations.
Project includes offices, high-end officetels; officetel pre-sales planned once construction begins.
Investment equals 45% of equity based on the FY2025 consolidated K-IFRS balance sheet.
Construction scheduled to start Oct. 8, 2026, with completion targeted for Nov. 30, 2030.
Board set the investment plan on Oct. 1, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seobu T&D Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261001900553), on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Seobu T&D invests KRW 624.07 billion to develop Yongsan office, high-end officetel project

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