KAMCO Announces Public Leasing and Sale of 129 State-Owned Properties
[Asia Economy Reporter Song Seung-seop] Korea Asset Management Corporation (KAMCO) announced on the 28th that it will lease and sell 129 cases of state-owned real estate.
KAMCO selects highly utilizable state-owned real estate and leases or sells them weekly. Since the ownership of state-owned real estate belongs to the government, the rights such as mortgages and leases are not complicated.
This public bidding includes 88 new properties, including farmland and apartment complexes. Among them, 41 properties are priced lower than the initial lease or sale price.
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However, it is recommended to check the current status such as the form and location of the real estate before bidding. Detailed usage conditions, such as activity restrictions for each property, should also be considered. The period is from the 31st of this month to the 2nd of next month.
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