Acquisition of New Headquarters in Prime Cheongdam-dong Location
Shinhan Bank Provides Site Selection and Legal Advisory
Focusing on Corporate Customized Real Estate Consulting
The Shinhan Bank Real Estate Investor Advisory Center is drawing attention for successfully facilitating the relocation of a well-known plastic surgery clinic’s new headquarters to Cheongdam-dong.
According to the commercial real estate industry on June 7, Nana Plastic Surgery Clinic recently purchased a building with four basement levels and six above-ground floors, totaling 1,000 pyeong (approximately 3,305 square meters), in the Cheongdam-dong area of Gangnam-gu, Seoul, and relocated its headquarters there. The building is located in the core commercial district of Cheongdam-dong, between Galleria Department Store and Apgujeong Rodeo Station. It is considered unusual for a plastic surgery clinic to purchase a new headquarters in such a prime and upscale commercial location.
The acquisition advisory was provided by the Shinhan Bank Real Estate Investor Advisory Center. Shinhan Bank offered a one-stop service for Nana Plastic Surgery Clinic's relocation, covering site selection, remodeling, finance, tax, and legal matters.
Shinhan Bank's "corporate customized asset management consulting" is an advisory service specialized for companies investing in commercial real estate. By leveraging its nationwide branch network, the bank excels at identifying acquisition opportunities and analyzing target customer groups to select optimal locations. Kang Daeo, Deputy President of Shinhan Bank's Asset Management Solutions Group, stated, "We are the first in the banking sector to obtain an investment advisory license, enabling us to provide specialized consulting focused on commercial real estate."
Shinhan Bank has also been actively expanding its services in overseas real estate markets. In Japan, it provides local real estate advisory services through its subsidiary SBJ. Through an in-house venture, the bank has launched a residential real estate site inspection service called "Housing," and plans to begin local site inspection services for Japanese real estate in the second half of the year.
A representative from the Real Estate Investor Advisory Center commented, "As seen in the case of Nana Plastic Surgery Clinic, customized real estate advisory that considers a company's characteristics and future strategies is becoming increasingly important," adding, "We will continue to meet the diverse needs of clients with comprehensive real estate solutions both domestically and internationally."
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