Cushman & Wakefield sells Seoul office tower for $460M

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Go back to Cushman & Wakefield sells Seoul office tower for $460M

Cushman & Wakefield Closes $460 Million Sale of G-Tower in Korea

July 7, 2026 12:01 PM EDT

Landmark deal closed through proprietary 'One-Channel Integrated Solution,' outpacing competitors Sale-and-leaseback structure expertly designed for large-scale asset monetization

NEW YORK--(BUSINESS WIRE)-- Cushman & Wakefield's Corporate Tailored Solution team (CTS team) in Korea has announced the successful closing of the sale of G-Tower, a landmark prime office asset located in Guro, Seoul - breaking through a tightened real estate financing market to deliver one of the most significant transactions of the year.

The deal, valued at approximately $460 million (KRW 700 billion), marks the largest office transaction by gross floor... More