![starfield mall korea starfield mall korea](https://img1.daumcdn.net/thumb/R1280x0/?scode=mtistory2&fname=https:%2F%2Fblog.kakaocdn.net%2Fdn%2FzrNjD%2FbtqD3dgMw1j%2FE6i1ooqh8qkiLhVJ2aMz7k%2Fimg.jpg)
The city of Hanam, where Starfield Hanam is located, has seen strong population growth in the past few years, helped by new housing development.Ĭostco will open its 16th store in South Korea in the city, near Starfield Hanam, within the year. It has invested in 30-odd shopping malls in north and central Americas and Asia. Taubman plans to recycle the net cash proceeds from the sale of stakes in the three Asian retail assets, estimated at about $315 million, for other investment. Dinner & Drink) The past and present of Korea. It will retain 17.15% in the South Korean shopping center. Starfield COEX Mall, Seoul: Address, Phone Number, Starfield COEX Mall Reviews: 4/5. In September 2016, Taubman CEO Robert Taubman told a news conference that he expected Starfield Hanam to generate returns of 7.5~8%. Its 2018 sales were estimated at 960 billion won, up sharply from 103.9 billion won a year before. Starfield COEX Mall, containing convention centres, Exhibition halls and many malls, is an underground shopping mall in Gangnam-gu Seoul, South Korea. With a retail space of 156,000 square meters, Starfield Hanam is occupied with about 300 stores and restaurants, ranging from international luxury brands to car showrooms to a water park. It was Taubman’s first ground-up development in South Korea and the biggest investment for Shinsegae by a foreign investor.
![starfield mall korea starfield mall korea](https://c8.alamy.com/comp/PJXXAF/view-of-starfield-library-in-starfield-coex-mall-PJXXAF.jpg)
Shinsegae had attracted the Michigan-based developer for the $1 billion project to build the western-style shopping mall east of Seoul. Starfield Hanam, opened in 2016, is a 51:49 joint venture between Shinsegae and Taubman. will remain the top shareholder with a 51% stake. South Korea’s retail giant Shinsegae Corp. 2 shareholder in Starfield Hanam, a 460,000-square-meter complex in the Seoul metropolitan area. It targets stabilized office, logistics, residential and retail assets in high quality Asian geographies and gateway cities.Īfter the transaction, Blackstone will become No.
#Starfield mall korea plus#
14.īlackstone will be investing in the three retail assets, including CityOn.Xi'an and CityOn.Zhengzhou, through its recently-launched Asia core plus real estate investment unit. The stake purchase will be made in a $480 million package deal, under which Taubman will offer 50% of its interests in the three shopping centers in Asia to the US investment group, according to Taubman’s announcement on Feb. Starfield COEX Mall ( ), the largest underground shopping mall in the world featuring the eye-capturing Starfield Library, is located right in Seoul, Korea and is a great thing to do when you travel to Seoul whether you want to shop til you drop or see something interesting.
![starfield mall korea starfield mall korea](https://i0.wp.com/thesoulofseoul.net/wp-content/uploads/2018/06/IMG_0185.jpg)
which is selling a large chunk of its holding in Starfield Hanam, along with stakes in two retail assets in China. The 10 Best Things To Do At Starfield COEX Mall. “We are pleased to offer this impressive assortment of retail, dining and entertainment experiences to customers in Gyeonggi.The Blackstone Group has agreed to buy a 31.85% stake in South Korea’s largest shopping mall from the US developer Taubman Centers Inc. “Starfield Anseong represents the best of the collective expertise of Shinsegae Property and Taubman Asia,” said Paul Wright, president, Taubman Asia. Concepts focused on children’s entertainment include Champion 1250X and Sang Sang Sketch Play. The mall offers a number of entertainment options and experiences, including a 48,000 square foot Megabox cinema with seven screens, a 28,000 square foot Sports Monster sportsplex with everything from rock climbing to basketball, and a 98,000 square foot Aquafield indoor/outdoor water park and spa. The largest mall in the southern region of Gyeonggi at one million square feet, Starfield Anseong is developer Taubman Asia’s fourth successful development project. Line No.7 Cheongdam Station (): Take exit 2 and walk straight for 20. Over 100,000 people, many of these foreign travelers, visit everyday to. It is the second largest shopping mall in South Korea. At over 85,000 square meters (914,000 square feet) it is the largest underground shopping center in Asia. Starfield Hanam is shopping complex in Hanam, Gyeonggi Province, South Korea. Line No.9 Bongeunsa Station (): Take exit 7 and use the direct passage connected to Asem Plaza to enter Coex Mall. The Starfield COEX Mall is a large underground shopping center located south of the Han river in the World Trade Center Seoul complex in the Samseong-dong neighborhood. Located near Samsung Electronics’ new 31 million square foot Pyeongtaek factory with over 100,000 employees, the mall caters to the surrounding four high-growth cities – Pyeongtaek, Anseong, Asan and Jincheon – in Greater Seoul. Line No.2 Samseong Station (): Use the passage directly connected from exit 5 or 6 to Coex mall through the Millennium Plaza. New shopping, dining and entertainment destination Starfield Anseong opened at the start of October, offering 280 in-demand tenants, including a variety of fashion, entertainment and dining concepts.