CBRE Korea, a global commercial real estate services company, announced today it is providing property management services for FKI Tower in Yeouido. As the first global real estate specialist to manage FKI Tower, CBRE Korea expects to improve the property’s profitability and asset value.
FKI Tower is a 50-story prime office building (168,681 square meters) located in the center of Yeouido. Due to its easy access to central Seoul and Gangnam, eco-friendly systems and business facilities equipped with large conference center, it has attracted top-notch tenants.
“CBRE Korea has been in charge of leasing FKI Tower since 2014, and now has expanded its scope to property management services,” remarked Seung-hwa Yang, senior director of Asset Services at CBRE Korea. “In order to fill recent vacancies due to the relocation of LG affiliates, CBRE Korea is actively seeking multinational and local company tenants, while raising the service quality to elevate tenant satisfaction and enhance competitiveness. In addition, CBRE Korea aims to reduce energy consumption and improve the surrounding landscape to create an eco-friendly workspace environment.”
To further enhance the attractiveness of FKI Tower, CBRE plans to upgrade the current retail space, which focuses mainly on convenience, and offer a variety of retail stores which will position FKI Tower as a landmark in the Yeouido area.
Darren Krakowiak, managing director of CBRE Korea, said, "We are providing differentiated property management services based on CBRE's global expertise to ensure FKI Tower becomes a premium product in the commercial real-estate market. To enhance the value of FKI Tower, we will provide a number of solutions to benefit existing and future tenants, while contributing to the development of the commercial real estate market in Yeouido Business District."
CBRE Korea currently provides professional property management services to major domestic commercial properties such as Gangnam Finance Center, Gwanghwamun D-Tower and The-K Twin Tower, with a strong property management portfolio of Prime grade office buildings in Seoul’s major business districts.