F&F Sells Former Yeoksam Office Building for 162.5 Billion Won
Scheduled Disposal on March 31
F&F has sold its office building in Yeoksam-dong, Gangnam-gu, Seoul.
F&F announced on the 24th that it will dispose of the land and building of its Yeoksam-dong office building, which it jointly owns with F&F Holdings, for 136.2 billion won. The disclosed amount corresponds to F&F's equity stake, and the total sale price, including the stake held by F&F Holdings, is known to be 162.5 billion won.
The counterparty to the transaction is Star Road Private Real Estate Investment Company No. 13, and the scheduled disposal date is March 31.
F&F relocated its headquarters last April to Center Point Gangnam on Tehran-ro in Gangnam.
Hot Picks Today
![[Exclusive] "What? I Used It for Fried Eggs and Kimchi Pancakes, but It Wasn't Edible?"... Raw Pork Lard Supplied to Department Stores, Causing Stir](https://cwcontent.asiae.co.kr/asiaresize/93/2026042216151436513_1776842114.png)
[Exclusive] "What? I Used It for Fried Eggs and...
- [Report] "Professionals in Their 30s and 40s With at Least 2 Billion Won in Cash...
- "375 Won Per Share" SK hynix to Pay 26.58 Billion Won Cash Dividend
- No More Updates on 'Star' Wolf Neugoo for Now... Was the Pressure from Fans Over...
- "Chairman Chey Tae-won's Warning Comes True"... Laptop Prices Already Up 1 Milli...
The former Yeoksam office building is a property for which F&F directly purchased the land and constructed a new building. It was at one point converted into a rental property to secure income, but the company ultimately decided to sell it.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
