[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Song Seung-yoon] At around 1:55 a.m. on the 11th, a scaffolding collapse occurred at the demolition site of the Sheraton Palace Hotel in Banpo-dong, Seocho-gu, Seoul.


The scaffolding fell toward the nearby apartment parking lot and damaged part of a 10-meter-high barrier. Although the incident caused a commotion as nearby residents were startled awake, fortunately, there were no casualties.



The police and fire authorities are investigating the exact cause of the accident.


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