Portfolio

SK Group's main office complex,
a landmark that
has grown together with the Group

  • The work of Jong Soung Kim, the only Korean apprentice of Mies van der Rohe, one of the world's most renowned quartet of architects
  • Inspired by the Seagram Building in New York, a symbol of modernist architecture
  • Arrow-straight lines maximize the efficiency of the office complex
  • The highest building that is located within the Central Business District (CBD)
overview
Location 26 Jong-ro, Jongno-gu, Seoul (Seorin-dong 99) and another sit
Use approval date Oct. 19, 1999 (Renovated in 2019)
Service area Urban area, general commercial area Main use Business facilities
Land area 5,779㎡ (1,748 py) Total floor area 83,828㎡ (25,358 py)
Exclusive use ratio 53.50% Size B7 / 36F
Master tenant SK Inc.
Purchase price KRW 1,003.0 billion (July 6, 2021)
Estimated value of real estate KRW 1,312.3 billion (Mar. 31, 2025, Kyungil Appraisal Corporation)

Location

Lease status

  • Subject Asset SK Seorin
    Building
  • Tenant* SK Inc.
  • Lease Term** 5years
  • Rent Increase Rate*** Linked with CPI-increase rate for Seoul for previous year
  • Lease Deposit 10-months’
    monthly rent
  • Management cost payment**** Triple Net
  • *100% Master Lease

    **Extension available upon tenant’s request (+5 years)

    ***While being linked with CPI-increase rate for previous year, with the threshold of 1.5%

    ****Management cost Triple Net: Tenant bears maintenance costs, insurance premiums, and taxes and public imposts

About
Tenants

skA Professional Value Investor Creating a Sustainable Future

SK Inc. generates profit from subsidiaries with global competitiveness in various business domains, including energy, chemicals, information and communication materials, and logistics services. Based on this, SK Inc. has selected advanced materials, green, bio, and digital businesses as its four core business areas, and plans to actively foster new growth investment companies in these fields.

  • Total assets KRW 215.0trillion
  • Sales KRW 124.7trillion
  • Operating income KRW 2.4trillion
  • Credit Rating AA+

(As of December 31, 2024, on a consolidated basis)

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