The 'High-End' Trend Sweeping Commercial Spaces... Gwangju's 'Billive Trevice' Scheduled for September Sale

- Gwanghwamun Hanwoo Omakase Restaurant 'Giseungjeonwoo', Busan Omakase Restaurant 'Geumson1983'... First Entry Confirmed in Gwangju
- Optimal MD Composition Including One-Stop High-End Shopping Place and Exclusive Sales Rights Guarantee

Recently, demand for investment in 'commercial properties' has been increasing among domestic asset owners. As loan regulations have raised the entry barrier for housing product investments, investors are flocking to commercial properties where they can expect investment returns along with monthly rental income.

In fact, according to the '2022 KB Real Estate Report' released this year by KB Financial Research Institute, commercial properties were the most preferred real estate investment destination among asset owners who entrusted asset management to private bankers (PBs). 38% of asset owners preferred commercial properties, ranking first for the first time, surpassing reconstruction apartments and general apartments (each 20%).

Along with the revitalization of the commercial property market, the recent 'high-end' trend that swept the housing market is now extending to the commercial property market. Like apartments, a single prime property, meaning a premium commercial property in an excellent location, is showing high preference among investors and users.

This is because as consumers' income levels and the importance of leisure life increase, they feel great satisfaction in high-end commercial facilities equipped with scarce top-tier brand MDs and valet parking services, which are rarer than general commercial properties. Valet parking, traditionally perceived as a service available only at luxury hotels or restaurants, is now expanding to VIP customers at department stores, banks, and commercial facilities.

Meanwhile, 'Villiv Trevice,' the first high-end commercial property in Gwangju to offer valet parking service, opened its promotional center in September and has begun its full-scale sales schedule. This commercial property is attracting investors by securing signature brands with high scarcity for the first time in Gwangju, located in an excellent location that absorbs abundant foot traffic.

The MD composition of Villiv Trevice is designed to create a 'one-stop high-end shopping place' where high-end tenant stores each attract customers and create a virtuous cycle, allowing all needs to be met in a single visit. This is expected to satisfy the definite needs of the top 1% clientele and generate demand.

Additionally, as a commercial property guaranteed exclusive business rights with an optimal MD composition that does not overlap, it is advantageous for commercial property activation. This is expected to result in higher profitability and lower vacancy rates compared to general commercial properties.

Looking at the MD composition by floor, Building A's basement 1st floor is configured as a 'Signature Zone' to increase external customer inflow, and Building A's ground 1st floor is an 'Edu & Culture Zone' for stable family demand. Building B's 1st floor is an 'Anchor Zone' where top large brands are located, and Building B's 2nd floor is a 'Premium Zone' composed of familiar and sophisticated brands. Notably, the Signature Zone on Building A's basement 1st floor has confirmed the entry of 'Giseungjeonwoo,' a famous restaurant in Gwanghwamun, and 'Geumson1983,' a renowned omakase restaurant from Busan.

Villiv Trevice not only offers high investment value with a guaranteed fixed rent of up to 6.5% per annum by premium MD companies but also provides convenience services befitting a high-end commercial property, such as Gwangju's first valet parking, concierge, and cultural lectures.

Villiv Trevice is a commercial facility located within an apartment complex of 122 units in two buildings, ranging from basement 4 to ground 35 floors, in Nongsong-dong, Seo-gu, Gwangju Metropolitan City. The commercial property spans two floors per building from basement 1 to ground 2, with a total exclusive area of 1,942.52㎡.

Villiv Trevice secures abundant and diverse foot traffic due to its excellent location. It is situated at the prime transportation hub where three major roads?Jukbong-daero, Sangmu-daero, and Daenam-daero?intersect, connecting Gwangju's new town (Sangmu district) and old town (Chungjang-ro). In particular, it forms an ultra-station area within a 5-minute walk from Nongsong Station on Gwangju Subway Line 1.

Within a 1 km radius, it boasts a location with concentrated demand from Kia Motors, Shinsegae Department Store, Gwangju Museum of Art, Hajungwoong Museum, Seo-gu Office, and various public enterprises. Additionally, it has a captive demand base of approximately 1,100 apartment units nearby and secures exclusive demand as an in-complex commercial property.

With the completion of nearby urban redevelopment projects (approximately 7,000 units) in the future, it is expected to establish itself as the best emerging affluent residential area, further increasing its demand base.