Kamco to Lease and Sell 99 State-Owned Properties Starting from the 23rd
[Asia Economy Reporter Song Seung-seop] Korea Asset Management Corporation (KAMCO) will lease and sell 99 state-owned real estate properties on Onbid over three days starting from the 23rd.
KAMCO selects highly utilizable state-owned real estate and conducts leasing and sales weekly. Since the ownership of state-owned real estate belongs to the government, there is an advantage in that the rights relationships, such as mortgages or leases, are not complicated.
This public auction includes 55 new items such as farmland and apartment complexes. Among them, 44 items are priced lower than the initial lease and sale estimated price.
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It is advisable to check the current status such as the type and location of the real estate before bidding. Detailed usage conditions, such as restrictions on activities for each property, should also be considered.
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