Home › Hyundai Motor Group bids over $10 billion for Seoul plot
 

Keywords :   


Hyundai Motor Group bids over $10 billion for Seoul plot

2014-09-18 07:35:16| Automakers - Topix.net

Hyundai Motor Group bid 10.55 trillion won for a plot of land in Seoul's high-end Gangnam district, far higher than expected, beating out Samsung Electronics Co Ltd for the trophy property. The site, which currently houses Korea Electric Power's headquarters, had an appraised value of a little more than $3 billion and was offered in South Korea's biggest single land auction by price.

Tags: group motor plot billion

Category:Automotive

Latest from this category

All news
»
05.11Vodafone-Three merger could get green light, watchdog says
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
05.11Shoppers warned over luxury advent calendar scams
05.11Durable Floor Coating from HMG Paints Transforms FC United\'s SMRE Bar
05.11Teknos Poland Honored by Farby i Lakiery
05.11Xumo teams up with Target to offer Hisense Xumo TVs
05.11KT launches 8K AI-powered IPTV set-top box
05.11Tropical Storm Rafael Graphics
More »