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
»
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Wind Speed Probabilities Number 7
05.11Tropical Storm Rafael Public Advisory Number 7
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 7
05.11Boeing strike ends as workers back 38% pay rise deal
05.11Tropical Storm Rafael Public Advisory Number 6A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
More »