SC Capital sells South Korea site for $48.9m

The six-storey property has a gross lettable area of approximately 4,189 square metres.

SC Capital Partners Group has sold an education-focused commercial building in Seoul, South Korea, for $48.9m (KRW26b).

The six-storey property has a gross lettable area of approximately 4,189 square metres and maintains full occupancy.

The asset benefits from a location with a high concentration of schools, private tutoring academies and upscale residential developments.

($1=KRW1,102)

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