Samsung SDS Co.,Ltd. (018260.KS)

Samsung SDS Tower sold for US$630 mil, largest deal in South Korea to date this year

The Samsung SDS Tower, located in the extended area of the Gangnam Business District (Photo: Colliers).SINGAPORE (EDGEPROP) - Colliers sold the Samsung SDS Tower to KB Asset Management for US$630 million ($860 million), marking the largest trade in the South Korean market to date this year, according to a press release by the firm on Nov 8.The sale of the property — which began in the second half of last year — also marks the largest single-asset office transaction in the Asia Pacific region so