South Korea-based NongHyup Financial Group is in talks to acquire landmark office building Donuimun D Tower, located in Seoul, for approximately $650.1 million, reported The Korean Economic Daily.
Seoul-based Mastern Investment Management has named NongHyup REITs Management Co. (NH REITs) as the preferred bidder for the tower.
Donuimun D Tower is a prime office tower with 26 above-ground and seven below-ground floors, with 86,268 square meters (928,581 square feet) of floor area. It is located in the Seodaemun area of Seoul, two kilometers (1.2 miles) fr
