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Seobu T&D invests KRW 624.07 billion to develop Yongsan office, high-end officetel project
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Seobu T&D invests KRW 624.07 billion to develop Yongsan office, high-end officetel project
  • Seobu T&D mapped out a KRW 624.07 billion build-out on its Yongsan, Seoul land to expand operations.
  • Project includes offices, high-end officetels; officetel pre-sales planned once construction begins.
  • Investment equals 45% of equity based on the FY2025 consolidated K-IFRS balance sheet.
  • Construction scheduled to start Oct. 8, 2026, with completion targeted for Nov. 30, 2030.
  • Board set the investment plan on Oct. 1, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seobu T&D Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261001900553), on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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