2024-06-28 01:50:45
Ms. Han Su-min (45), a dermatologist and spouse of comic Park Myeong-su (53), offered the Starbucks constructing twice, making a revenue of about 8.1 billion gained, after which bought the Starbucks constructing once more.
In accordance with Information 1 on the twenty seventh, Mr. Han bought a constructing situated in Seogyo-dong, Mapo-gu, Seoul for 13.7 billion gained in July 2021. This constructing beforehand housed a Starbucks, and was vacant when Mr. Han bought it. Mr. Han, who transferred possession in November 2021, took out a mortgage of 10 billion gained and owned the constructing in his private identify.
Mr. Han demolished the prevailing constructing, which had one flooring underground and two flooring above floor, and constructed the present constructing. The brand new constructing, accomplished in October final 12 months, has a land space of 395.7㎡ (roughly 119.7 pyeong), a complete flooring space of 1234.4㎡ (roughly 373.4 pyeong), and is 2 flooring underground to five flooring above floor. At the moment, dessert cafes and leisure places of work are situated on some flooring. Mr. Han acquired a further mortgage of roughly 5 billion gained in March 2023, earlier than completion.
The constructing is situated near Hongik College Station with good accessibility and visibility. Inside a 200m radius, the worth was traded at as much as 140 million gained per pyeong final 12 months, and within the case of Hongdae’s important walkable avenue, there was a case the place it was traded at as much as 190 million gained per pyeong.
Mr. Han is known for investing in shopping for previous buildings, transforming them, opening a Starbucks to extend the worth of the buildings, after which promoting them.
In October 2011, Mr. Han bought a constructing in Dongseon-dong, Seongbuk-gu, Seoul for two.9 billion gained, and offered it for 4.66 billion gained three years later in July 2014. This constructing was in-built 1987 close to Sungshin Ladies’s College Station on Subway Line 4 and has one underground flooring and 4 flooring above floor.
Mr. Han reworked this constructing and leased your complete flooring to Starbucks. Not contemplating transforming prices, a market revenue of 1.76 billion gained was achieved.
Additionally, in October 2014, Mr. Han bought the ‘SM Constructing’ close to Hamjibak Intersection in Bangbae-dong, Seocho-gu, Seoul for 8.9 billion gained. The prevailing constructing was demolished and a brand new constructing with 5 flooring above floor (complete flooring space of 1386.06㎡, 419 pyeong) was constructed. The brand new building price is estimated at roughly 2.1 billion gained.
Afterwards, in January 2019, the constructing was offered for 17.35 billion gained, making a revenue of 6.35 billion gained. SM Constructing is at present leased by a Starbucks Bangbae department, a pharmacy, a language college, and a hospital.
Music Na-rae, CEO of Constructing Mate Actual Property Brokerage, mentioned, “Han Soo-min’s funding in a constructing in Seogyo-dong was a really profitable funding contemplating the situation and close by transactions,” including, “ Han’s previous profitable investments, we are able to count on excessive income this time as properly.” He mentioned.
In the meantime, Music Na-rae, CEO of Constructing Mate Actual Property Brokerage, runs the YouTube and weblog ‘Constructing Mate’ channels for actual property info.
Reporter Jo Yu-kyung, Donga.com [email protected]
-
- nice
- 0canine
-
- I am so unhappy
- 0canine
-
- I am indignant
- 0canine
-
- I like to recommend it
- canine
Scorching information now
2024-06-28 01:50:45