Business Wire·Jul 7, 2026, 12:01 PM ET

Cushman & Wakefield Closes $460 Million Sale of G-Tower in Korea

Cushman & Wakefield's Corporate Tailored Solution team in Korea closed the sale of G-Tower, a prime office asset in Guro, Seoul.
The deal is valued at approximately $460 million (KRW 700 billion) & spans 1.8 million square feet.
This transaction marks the largest office deal by gross floor area in Korea's commercial real estate market for the first half of 2026.
The CTS team utilized a proprietary 'One-Channel Integrated Solution' to break down internal silos & outpace competitors offering fragmented services.
A bespoke sale-and-leaseback structure was implemented to unlock asset liquidity & preserve financial flexibility for the client.
The team provided a fully integrated strategy including pre-sale positioning, market due diligence, targeted marketing, & office lease structuring.
The transaction succeeded despite a high-interest-rate environment & tightened real estate financing market.
Dan Kim, Deputy Managing Director at Cushman & Wakefield in Korea, noted the deal reflects growing corporate interest in headquarters sales & portfolio rebalancing.