A Self-Administered Real Estate Investment Trust Inc. (KOSE:A140910) won the bid to acquire LG Electronics Gangseo Building from LG Electronics Inc. (KOSE:A066570) for KRW 48 billion on May 26, 2017. As reported, 10% of the bidding amount, KRW 4.8 billion will be paid as execution guarantee deposit payment at a date when the two companies agree. The transaction was resolved by the Board of A Self-Administered Real Estate Investment Trust on May 26, 2017.
A Self-Administered Real Estate Investment Trust Inc.
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- A Self-Administered Real Estate Investment Trust Inc. won the bid to acquire LG Electronics Gangseo Building from LG Electronics Inc. for KRW 48 billion.