Budongsan Planet to Manage HD Hyundai Oilbank's 45 Nationwide Assets
AI-based proptech company Real Estate Planet and comprehensive real estate specialist Hyundai Engineering have joined hands. They have been finally selected as the lead managers for the sale of 45 gas stations and charging stations assets n...
AI-based proptech company Real Estate Planet and comprehensive real estate specialist Hyundai Engineering have joined hands. They have been finally selected as the lead managers for the sale of 45 gas stations and charging stations assets nationwide owned by HD Hyundai Oilbank.
This selection was made after fierce competition involving numerous leading domestic and international advisory firms. It is the result of Real Estate Planet's sophisticated AI-based commercial real estate analysis system and its track record in selling gas station assets, combined with Hyundai Engineering's excellent comprehensive real estate asset management technology, which created synergy and earned trust.
The assets for sale are prime properties evenly distributed across major hubs nationwide, including Seoul (6 cases), Gyeonggi (13 cases), metropolitan cities (14 cases), and other regions (12 cases). Their location near arterial roads with abundant traffic boasts high investment value, and the possibility of both direct operation and lease operation provides stable revenue generation potential.
The two companies plan to maximize sales efficiency by organically cooperating throughout the entire process, from initial business feasibility analysis to bid strategy formulation and investor targeting. Real Estate Planet will leverage its integrated online and offline marketing capabilities, while Hyundai Engineering will utilize its expertise in development and technical review.
Um Hyun-po, CEO of Real Estate Planet, emphasized that precise analysis is essential due to the complex nature of gas station assets. He added that, considering the market structure where over half of transactions occur in regions other than the asset's location, Real Estate Planet's role, with its strengths in nationwide investor data and targeted marketing, is extremely crucial.
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