Reuters logo
3 years ago
Hyundai Motor Group highest bidder for premium Seoul land plot -Yonhap
September 18, 2014 / 1:47 AM / 3 years ago

Hyundai Motor Group highest bidder for premium Seoul land plot -Yonhap

SEOUL, Sept 18 (Reuters) - Hyundai Motor Group was the highest bidder for the site of Korea Electric Power Corp's Seoul headquarters appraised at more than $3 billion, Yonhap news agency said on Thursday.

Samsung Electronics Co Ltd said on Wednesday it also bid for the plot, the last large piece of land available for development in Seoul's wealthy Gangnam district.

A spokeswoman for Hyundai Motor Group declined to comment.

Reporting by Joyce Lee; Editing by Stephen Coates

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below