K-Auction Acquires Real Estate in Sinsa-dong, Gangnam-gu Worth 38 Billion KRW
[Asia Economy Reporter Lee Jung-yoon] K Auction announced on the 20th that it has decided to acquire land and buildings located at 640-1 Sinsa-dong, Gangnam-gu, Seoul.
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The acquisition amount is 38 billion KRW, accounting for 39.93% of the total assets. The purpose of the acquisition is to obtain real estate for the expansion of exhibition halls and storage facilities.
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