KAMCO Conducts Lease and Sale of 112 State-Owned Properties
Held for 3 days starting from the 5th
Major State-Owned Properties of Interest Scheduled for Loan and Sale by Korea Asset Management Corporation
Photo by Korea Asset Management Corporation
[Asia Economy Reporter Song Seung-seop] Korea Asset Management Corporation (KAMCO) announced on the 2nd that it will lease and sell 112 cases of national real estate over three days starting from the 5th.
KAMCO selects highly utilizable national real estate and conducts leasing and sales every week. Among the properties open for bidding this time, 89 are new items such as farmland and orchards, and 23 are priced lower than the initial lease or sale price.
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KAMCO explained that national real estate has the advantage of ownership belonging to the state, so there are no complicated rights issues such as mortgages or leases. They also emphasized that it is advisable to check the form and location of the real estate in advance before participating in the bidding, and to consider detailed usage conditions such as restrictions on the use of the property.
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