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SEOUL-The syndicated financing, which was exponentially oversubscribed, will fund the land acquisition as well as various infrastructure improvements for the 1,500-acre, $25-billion development 20 miles southwest of this city. The CEO of master developer Gale International tells GlobeSt.com the financing means it can now sell the other pieces of the development that will generate the revenue necessary to pay off the loan.
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July 14, 2025
Also, vacancy was down by 40 basis points.
July 14, 2025
Initiating a lease at the right time of year could save renters up to $100 per month.
July 14, 2025
But the market is struggling to meet the soaring demand.