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Koh Brothers forays into S Korea with maiden property buy

JV acquisition of freehold plot in Gangnam, Seoul, for S$119m will enable firm to build small home offices which are in demand

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Construction and property development firm Koh Brothers on Friday announced its maiden entry into the Korean real estate market. Together with Daeryun D & I Co, a local property developer, it is acquiring a freehold site in the heart of the Gangnamgu district for 95.8 billion Korean won (S$119 million).

Singapore

Homegrown construction and property development firm Koh Brothers on Friday announced its maiden entry into the Korean real estate market, with its first property acquisition in the Gangnam district of Seoul.

It had set up a joint venture with local developer Daeryun D

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