This article was posted on the ChosunBiz MoneyMove (MM) site at 3:44 p.m. on Feb. 25, 2026.
Intrus Asset Management is selling the Hansol Education building in Sangam-dong, Seoul, three years after acquiring it. The Hansol Education building is being used as the headquarters by Hansol Education Corp., a mid-sized company in the visit-based education sector. Hansol Education Corp. currently owns about half of the common shares of the REIT that uses this building as its underlying asset.
On the 25th, according to sources in the investment banking industry, Intrus Asset Management is pursuing the sale of the Hansol Education building. It was confirmed that the REIT board that owns the Hansol Education building approved an agenda related to the asset sale the previous day.
Intrus Asset Management is understood to be negotiating a transfer with a domestic buyer. It appears an agreement of memorandum of understanding (MOU) for the asset sale will be signed soon. The selling price is expected to be set in the low-to-mid 100 billion won range.
The Hansol Education building was completed in 2007. It is located at 1653 Sangam-dong, Mapo-gu, Seoul (DMC IAAN Sangam Complex 2). The building has three basement floors and 32 aboveground floors. Including officetels, the total gross floor area is about 58,969 square meters. It is a transit-oriented building adjacent to Digital Media City Station, and many corporations, including the Hansol Education Corp. headquarters, lease space there. The current occupancy rate is above 92%.
Earlier, Intrus Asset Management purchased the Sangam Hansol Education building in 2023 through Intrus SB REIT. At the time, it raised funds by collecting equity investors in addition to loans from Woori Bank and Shinhan Capital. The REIT's largest shareholder is Hansol Education Corp., which holds 50% of the common shares. Preferred-stock investors include DB Securities (21.71%), Shinhan Capital (19.96%) and KB Savings Bank (8.33%).
Hansol Education Corp. sold the building to Coreight Asset Management in 2020 to secure liquidity after the COVID-19 pandemic. The price when Hansol Education Corp. first purchased the building was 46 billion won, and the price when it sold to Coreight Asset Management was 77 billion won. Later, when Intrus Asset Management bought the Hansol Education building from Coreight Asset Management, Hansol Education Corp. injected funds into the REIT.
Intrus Asset Management started in 2005 as a REIT asset management company (AMC). After registering with the Financial Services Commission in 2017 as a private pooled investment company specializing in real estate funds (REF), it has established and managed real estate REITs and funds and project finance vehicles (PFV).