Hanwell Group, which operates Asung Daiso Co., bought an office building near Gangnam Station in Seoul for 355 billion won.
According to the real estate industry on the 10th, Hanwell Group, which owns Asung Daiso Co., signed a deal at the end of last year to purchase "K Square Gangnam 2," located in Yeoksam-dong, Gangnam-gu, Seoul, for 355 billion won and recently completed the title transfer. About 300 billion won of the purchase funds is estimated to have been raised through loans.
The building sits along Gangnam-daero right next to Exit 3 of Gangnam Station on Seoul Subway Line 2 and the Shinbundang Line (around 826 Yeoksam-dong). With a total floor area of 21,942 square meters (about 6,649 pyeong), it is a large office tower with four basement levels and 20 floors above ground.