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Hillstate Icheon Station in Gyeonggi is now available for presale
ESR Kendall Square REITs announced on the 25th that it has newly purchased the Icheon 8 Logistics Center located in Majang-myeon
It is the 19th asset transfer in about 10 months since the acquisition of the Icheon 6th and 7th distribution centers in the first and second half of last year
ESR Kendall Square REITs' total assets reached about 2.5 trillion won based on the purchase price
The logistics center is a 100% room temperature logistics facility with a total floor area of 43,404㎡ (13,130 pyeong)
a logistics hub in the southeastern Seoul metropolitan area
and is considered to be highly accessible by car
and the 2nd Ring Expressway in the metropolitan area
and has excellent logistics and transportation infrastructure
achieving a current rental rate of 100% based on geographical advantages
The IB industry analyzes that the purchase price was also made at a very competitive level compared to recent trading cases in neighboring regions
The distribution center acquired this time is an asset secured from an external third party
along with the distribution centers of Icheon
ESR Kendall Square REITs once again demonstrated its excellent deal-sourcing capabilities in the market and has continued to secure price-competitive assets since its listing
ESR Kendall Square REITs has been able to expand its network of super-high tenants within the rental market and is seen as part of its strategic move to provide greater value to investors in the long run
“Each cross-space has the possibility of extensions for various programs
It is not a universalized physical space but a differentiated experimental space”
“The intent is for it to be the spatial platform for a local cultural complex created in the private sector
The cross-spaces created in the widthwise and depthwise orders will produce a new variety of cross-cultures in an extensible way.”
Designed with precision, the building is thoughtfully structured on a 3.2-meter grid, featuring an extensive arrangement of interwoven interior passages interlaced with external courtyards. Internally, the ceilings are fashioned from a distinctive blend of exposed concrete and rice straw
This unique technique is commenced even before the concrete is poured
with sheaves of rice straw carefully positioned along the slab forms
the straw absorbs the moisture of the concrete
The resultant effect is a tactile tribute to nature
as the slab texture mirrors the organic surroundings
these straw-treated finishes create an effective juxtaposition with the polished concrete walls and flooring
This building aspires to evoke the essence of straw-woven spaces
The interior design expands into external courtyards through sliding doors
expansive full-height picture windows offer framed views spanning rice paddies and a river
visitors have the opportunity to stroll through a landscape of tiered terraces and pebbles
bordered by concrete walls of varying heights and openings
you can encounter two different elements of nature continuously: opening and closing
are the visual joys of seeing different landscapes extending outward”
concludes the studio on the overarching concept of this project
The building's central theme revolves around exploring the connection between structured formality and adaptable functionality
the interplay between form and function extends to encompass seamless visual
the building operates as a mechanism that frames
and reconfigures the surrounding landscape through a dynamic interplay of intersections
who has over 2 years of experience in architecture
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by Sneha Shah | Published on : Aug 19
Korean practice On Architecture INC. has created a project that aims to regenerate a village with an aging population in Icheon-si, South Korea
the project proposes new possibilities through an experimental cross-cultural facility or “cross-space,” as described by the architects
enabling interactions between diverse cultures
It intends to be a site for a variety of programs
going beyond the functions of a typical commercial space
The architects employed an experimental construction technique by combining exposed concrete with rice straw to form an indoor atmosphere that feels like a straw-woven space
bundles of rice straw were laid on the slab form and drenched with water in order to absorb the concrete’s moisture
The form and bundles were eventually removed
leaving the rice straw embedded in the concrete
the atmosphere of the space will transform as the straw undergoes changes
NONSPACE provides a multisensory experience
enlivened by its blurring of the interior and exterior
Visitors can feel the changing sky and wind
and can sense the presence of water through sounds that emerge from a gap in the floor
paths on the rooftop feature pebbles that create pleasant sounds that complement the sound of flowing water as visitors walk
Building new architecture does not regenerate a village or city
if it cant attract people it will and always will fail
I couldnt tell there is anything special that makes people want to go and live there again .
A sculpturist project.The narrative is too apologetic to make this density-driven development on farmland acceptable to public scrutiny if any
I am curious what the camera would show in the opposite direction in the first picture
My guess is creeping urbanization.Architecturally
The development needs many more clusters -said in the same tone Corbu said about New York skyscrapers "not high enough"
Rice and concrete do not mix - see: CemWood the wonder material of the 1980s used for billions of shingles that ALL failed due to differential expansion of vegetable matter and cement
1,000s of small roofing companies driven out of business
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present and future of this fascinating country
We bring you up to date with the latest stages of the Relay as the Olympic flame made its way north to the capital Seoul
Having seen in the New Year in Daegu and greeted the first sunrise of 2018 in Pohang
the Olympic flame toured the ancient city of Gyeongju on the second day of the year
where it was greeted by the GARAM Performing Art Company’s B-Boy troupe and Hwarang warriors
Wednesday 3 January saw the eighth of the 13 Relay for Everyone events that form an integral part of the PyeongChang 2018 Olympic Torch Relay
a village situated in the centre of the country and home to a community of senior citizens
who welcomed the flame at a morning ceremony before watching a video about the upcoming Winter Games and then posing with the Torch in a photo session
There was another Relay for Everyone event the following day as the Olympic flame called in at the Dongbang Vocational Rehabilitation Centre in Pyeongtaek-si
The centre was set up in 1998 for the purpose of providing employment opportunities to local school leavers and people with disabilities
The students tried their hand at some mini Olympic sports before posing with the Torch
The Olympic Torch Relay headed to Suwon on Friday 5 January
where it received a lavish welcome at Hwaseong Haenggung Palace
Among the highlights of the celebrations held to mark its arrival was a ceremony performed by the Jang Yong Yeong Security Guards and a Yegi Bojonhoe court dance
Korea’s largest theme park and home to a safari park
Everland in the city of Yongin provided the venue for the next day’s Torch celebrations
which included a multimedia fireworks show
On Sunday 7 January it was on to Cheongseok Park in nearby Seongnam
where tightrope walkers and the drums of Gwangju City Nongakdan greeted the Olympic flame
while a boys’ and girls’ choir and the Seongnam City Choir were on hand the next day to extend it a musical welcome at Bundang Central Park
The tenth Relay for Everyone leg took place on Tuesday 9 January
as the Olympic Torch Relay called in on the street cleaners of Icheon-si
a town in the northwestern region of Gyeonggi-do
The workers had the chance to hold the Torch for themselves and have a taste of the Olympic experience by playing a game of floor curling
Then came three days in the city of Incheon
where badminton player Chung Jae-sung was among the torchbearers as the Olympic Torch Relay called in at Incheon Culture Park
Saturday 13 January was a landmark day for the Torch Relay as it arrived in the capital city Seoul
where the Olympic flame will burn for the first time since 1988
when the city hosted the Summer Olympic Games
On its first day in the city the Olympic Torch Relay made its way to the Seoul World Cup Stadium and the Dongdaemun History & Culture Park
The day’s final destination was Gwanghwamun Square
where the Olympic flame was greeted by a special royal procession featuring 300 people wearing traditional Korean costumes
the president of the Korea Sport and Olympic Committee
was on the roster of torchbearers the following day as the Olympic flame travelled to the city’s Olympic Stadium
He was helped in his task by a galaxy of Korean sports stars
including former speed skater Kim Yoon-man
who won the Republic of Korea’s first ever Olympic Winter Games medal: silver in the men’s 500m at Albertville 1992
Representing summer sports were Hyun Jung-hwa and Yang Young-ja
who combined to land women’s doubles table tennis gold on home soil in 1988
London 2012 double archery gold medallist Ki Bo-bae
and Beijing 2008 men’s judo champion Choi Min-ho
A suitably spectacular fire arts performance was laid on for the Olympic Torch Relay’s arrival at the stadium
as well as a victory fanfare performed by a brass band
the Torch Relay is set to head further north to the cities of Goyang and Paju on Wednesday 17 January
has made its first investment in assets at a distribution center
According to the investment bank (IB) industry on the 20th
Koramco Asset Management recently purchased a distribution center located in Icheon
Gyeonggi-do through the Koramco SC Logistics Real Estate No
so they are evaluated as having excellent transportation
With two basement floors to four floors above ground and a total floor area of 33,073㎡
four floors above ground are leased by LX Pantos
and two floors below ground are leased by Food All Market
Koramco Asset Management acquired the asset from the seller
Seonggok Logistics is a PFV (Project Financial Investment Company) established in January 2020 to create this distribution center
Koramco SC Fund was established by Koramco Asset Management with about 400 billion won worth of funds from Starwood Capital
It is the largest since Starwood Capital started investing in real estate in Korea and will be operated in an SMA (individual management account)
The SMA method means that when an investor entrusts funds to a management company
the management company finds investment targets that meet the purpose of the investment and autonomously performs purchase
the parent company of Koramco Asset Management
also invested 20 billion won in the fund to empower responsible management
As the logistics center became the first investment asset of the Koramco SC Fund
Koramco Asset Management plans to continue investing in the assets of the logistics center that have secured profitability and stability
It plans to invest first in distribution centers with excellent locations in Seoul and the metropolitan area immediately after completion or near completion
Koramco Asset Management bought the "Icheon Food Nuri Logistics Center" that Food Nuri
a franchise comprehensive logistics service company
which have fallen in price due to oversupply since the COVID-19 pandemic
transactions in distribution centers in the form of NPL (insolvent bonds) are expected to become active as early as the second half of this year
According to the investment bank (IB) industry on the 24th
Koramco Asset Management recently acquired Icheon Food Nuri Logistics Center from Food Nuri
This asset is a mixed distribution center that Food Nuri completed in 2021 and has been using for three years
As the financial structure deteriorated due to sluggish business and interest burden on borrowings after the COVID-19 pandemic
Koramco Asset Management purchased it for 114 billion won in the form of a private contract
The acquisition amount of assets minus additional costs is 90.8 billion won
which is about 35% cheaper than the appraisal amount (140 billion won)
Koramco Asset Management set 42 billion won as a five-year fund
with 32 billion won from Kiwoom Securities
6 billion won from institutional investors and 4 billion won from tenants
The tenant of this distribution center is 'on time'
Koramco Asset Management signed a ten-year lease in the form of a master lease (responsible lease) on time
it is a company that Binggrae acquired in 2006 and is in charge of storing
and delivering fresh food such as refrigerating and freezing
It is one of the places that continues to grow in the logistics market
with about 20 distribution centers nationwide
"Koramco Asset Management quickly secured a time of attention in the distribution center market as a high-quality tenant," adding
it is expected that we can fully expect profits from the sale when the market recovers."
Icheon Food Nuri Logistics Center is located in 654
It has a land area of 29,995㎡ and a total floor area of 43,209.74㎡
It consists of two basement floors and four ground floors
consisting of 21.3% of room temperature warehouses
also acquired a distribution center that was auctioned off at a low price
Aegis Asset Management won the bid for the Bundang Distribution Center in Seongnam
for 222.6 billion won in the 8th public sale conducted by the Korea Asset Trust
The asset failed to repay the PF (Project Financing) loan
causing the lender to request a short sale
At the time of PF at the Bundang Distribution Center
the appraisal value is about 370 billion won
Aegis Asset Management bought it about 40% cheaper than this
Aegis Asset Management is negotiating a lease contract with Coupang
The market expects many such cases to come out in the future
the development of distribution centers was booming due to the exploding demand for e-commerce orders
as it caused an oversupply and interest rates rose
and they are still being put up for sale at a low price in the market
"Distribution center transactions that are on the market in the form of NPL will become active in earnest from the second half of this year," adding
"Investors who expect the distribution center market to proceed in the form of supplier advantage in two to three years are considering acquiring assets."
the son who has lived his father's life for the past 14 years
wants to make a foothold for the leap." (Announcer Kim Jae-won)
Meet the Wind with Lee Sang-il" was held at the outdoor stage of Radravi Resort in Icheon-si
The fashion show was held for the first time by his son Kim Joong-do
The fashion show unveiled more than 60 products
including an elegant collection designed by Andre Kim during his lifetime
as well as costumes and various collaborations that CEO Kim has reborn by inheriting his spirit.From the colorful black-and-white costumes with Andre Kim's original signature embroidery to the intense blue women's clothing two-piece spread on the runway
In addition to Andre Kim's masterpiece series costumes and intense red sweatpants
the newly created casual fashion also captivated the audience
In collaboration with the domestic street casual brand "Slow Acid," the product that also entered Musinsa was introduced at the fashion show on the same day
suggesting the direction of the new Andre Kim brand
CEO Kim has been protecting Andre Kim Atelier for the past 14 years since the death of Andre Kim
it will take over Andre Kim's style and develop a new brand that combines CEO Kim's own fashion philosophy
"We have not been able to hold events due to various circumstances such as COVID-19
but we will actively hold fashion shows and try to save the brand from this year," he said
"We are also preparing a new second brand to target the younger generation."
where the fashion show was held on the same day
a famous hair designer who dreamed of becoming a hair designer while watching Andre Kim
It is a beautiful natural resort and complex cultural space that has been directly devoted for 15 years on a 10,000 pyeong land
announcer Kim Jae-won and former national men's basketball coach Kim Dong-kwang
who have been steadily connected since the death of Andre Kim
Andre Kim founded "Salon Andre" in 1962 and opened the first Korean fashion show in Paris
In recognition of his contribution to promoting Korean fashion and culture to the world
he was awarded the Geumgwan Order of Cultural Merit
The Yojin construction industry is drawing attention as it has won large orders despite high interest rates and a tight real estate financing (PF) market
Yojin E&C announced that it had won an order for the construction of the "Icheon Baeksa Logistics Center" in Gyeonggi Province
This project is to build a logistics center with two basement floors and four ground floors on a total floor area of 41,866㎡ in Joeup-ri
The construction cost is about 52 billion won
and the construction period is 20 months from the start date
The ordering point is Infmark Equal Base 1,200 Company PFV
The order is the first project by Yojin E&C with Equalbase
an investment developer specializing in Asia-Pacific logistics
Yojin Construction has carried out the construction of distribution centers for domestic and foreign companies such as Schenker Korea Global Delivery Center
and Hwaseong Wolmun-ri Distribution Center
we will also introduce value engineering-based technology that simultaneously reduces construction costs and improves quality
Yojin E&C has achieved various orders in the non-housing sector in addition to the distribution center and is diversifying its portfolio
It has won orders to build a new R&D center in Songdo
proving its technological prowess in the pharmaceutical and bio fields
"Investment in distribution centers will expand due to the rapid growth of the e-commerce market," a company official said
"Yojin E&C plans to actively establish partnerships with overseas investment companies and participate in various projects."
More than 5,000 200-liter oak barrels are filled in the basement
It is a container containing distilled liquor (a raw material for distilled soju)
Hite Jinro has a variety of distilled liquor lineups such as "Ilppang Jinro," "Ilppang Jinro Oak 43," and "Jinro 1924 Heritage" as well as diluted stocks such as "Chamseul" and "Jinro."
the more alcohol scent permeates the tip of your nose
which is responsible for the production of distilled liquor
distillate with a variety of aging periods from one year to 24 years is waiting to be commercialized
a limited edition of the 23-year-old Ilche Jinro was released
other products can be created using undiluted solutions
It is Hite Jinro's "secret weapon" with various possibilities
Hite Jinro imported all oak barrels from the United States
which had aged bourbon whiskey for the production of distilled liquor
the undiluted solution in the oak barrel reacts with the cellulose in the tree
making it a whiskey-like alcohol we commonly know
When I drank 23-year-old Ilchuljinro at the site
The sweetness of the tree scent and the end taste was harmonized when I took a sip
Hite Jinro is carefully managing each oak barrel with a written test date
head of the Hite Jinro Distillers Manufacturing Part
the temperature of the warehouse is always maintained at around 10 degrees Celsius
This is because ethanol and volatile components contained in alcohol sometimes escape when the temperature rises
about 2% of the annual average naturally volatilizes."
the position of the oak barrel is periodically replaced to prevent the difference in temperature and humidity between the aging and the upper and lower parts
Dozens of large 10,000-liter oak barrels are also located in the distillation line
"The large oak barrel is the maturation of cognac in France," said Lee Young-kyu
We have been aging the undiluted solution for several years
and we are still researching what kind of products we will make," he said
Hite Jinro plans to diversify its mainstream portfolio to mark its 100th anniversary this year
premium distilled liquor using high-quality distilled liquor will also be given a boost
Consumer needs for premium alcohol continue to grow
and 8,000 bottles of "Japanese Jinro 23-year-old" released last year were also in short supply as soon as they came out
Hite Jinro plans to continue researching not only distilled liquor but also rice wine and whiskey
The launch of an integrated research institute is also imminent
the beer research institute is located in Hongcheon Plant in Gangwon-do and the soju research institute is located in Cheongju Plant in Chungbuk
and it is integrated into a single research institute to continue comprehensive research on various liquor fields
"We are conducting various R&D in the mainstream field in line with the needs of the times and consumers," said Jang Jeon-woo
"We are preparing to launch a new business at any time."
Life&Culture [By the Highway] Expressway service areas: More than just stopovers
Gapyeong service areas and the Gimhae Geumgwan Gaya rest stop seek to become unique travel destinations in their own right
Rest stops are a place where one passes through on the way to going somewhere else
stretch themselves after long hours in a car and grab something to eat
some of these roadside establishments have gone beyond their traditional role
positioning themselves to become new cultural spaces
While a number of service areas have failed in their grand ambitions after installing entertainment facilities
Gyeonggi Province and the Gimhae Geumgwan Gaya rest stop in Gimhae
South Gyeongsang Province have successfully turned themselves into popular destinations by offering unique cultural experiences
The Deokpyeong-Eco rest stop might look look like just another service area on a Korean highway during the day
but at night the rest stop reveals its true colors
and you will see a narrow trail which leads to the Ooozoo Illumination Park
when its shining lights and glowing lanterns welcome the late night visitors
The Ooozoo Illumination Park does not offer any hands-on activities or special programs for tourists to experience
light-emitting diode flowers and a small-scale light show entertain those who stop by
Visitors can enjoy a leisurely stroll around the park covered with colorful media art
illuminated tunnels and more while listening to smooth jazz music and the calming sound of cicadas
A cafe welcomes visitors who wish to escape the sweltering summer heat
online reservation on Naver Booking is available as well
Admission fees are 10,000 won for those over 13 and 6,500 won for those 13 and under
The Ooozoo Illumination Park is open from 6 p.m to 11 p.m
The Deokpyeong-Eco Service Area is located on Yeongdong Expressway bound for Incheon in Icheon
a rest stop on the Seoul-Yangyang Expressway bound for Chuncheon
has become a go-to destination -- especially among those traveling with their dogs to Korea's northernmost province
a yellow-colored dog cafe called Yellow Stop is crowded with visitors walking their chihuahuas
Though the cafe offers coffee and other cold beverages
the store is also filled with dog-related items
ranging from dog food and doggie desserts to pee pads
“Yellow Stop is known as an oasis for many dog owners
The dogs can freely walk in and out of the cafe
They can also stretch and have fun at the pet park next to the Gapyeong Service Area’s food court,” a game company official surnamed Kim
for her summer vacation told The Korea Herald on July 28
“I have been to other service areas that offer a pet resting area
but the Gapyeong rest stop is the nicest,” she added
Yellow Stop has two separate outdoor parks -- one for small-and medium-sized dogs and another for large-sized dogs
Dog owners of all ages can either freely stroll around the space or take a seat on a wooden bench with their partners for free
the Gimhae Geumgwan Gaya Service Area is connected to a spot away from the expressway
A wooden bridge next to a restaurant allows drivers to explore a vast area near Nakdong River
the longest river in South Korea passing through big cities like Busan and Daegu
“The roads are a popular riding path for many cyclists who live in South Gyeongsang Province
park their cars and start on a bicycle tour along the river,” said Park Hyun-soo
Non-bicycle enthusiasts can stroll around the park by the river with their favorite snacks from the service area
Instead of taking a quick 10 to 15-minute break
visitors can enjoy quality time with the gentle wind from the river and fresh air to relieve their stress from a long ride
The stunning panoramic view of Nakdong River is a big plus
South Korea’s 4,866-kilometer highway system boasts 206 rest areas
This article is the last in a series introducing notable rest stops
guiding travelers to unique experiences during summertime road trips in South Korea
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The market seems to be recovering as the volume of transactions in the domestic logistics center market increases, but this is not the case. This is because some large distribution centers in the Seoul metropolitan area worth more than 500 billion won were sold, but there were many cases where they were traded through light public sale and subrogation payments.
The market predicts that the number of logistics center transactions, which are characterized by bad assets, will increase in the second half of this year.
According to Genstarmate, an investment banking (IB) industry and commercial real estate service provider, transactions in the domestic logistics center market in the second quarter of this year amounted to 1.8549 trillion won, up 106.8% from the previous quarter.
This is due to the impact of large-scale distribution center transactions in the metropolitan area, including Seoul and Gyeonggi-do.
In April, global private equity fund KKR (Kolberg Kravis Roberts) sold Coupang Logistics Center located in Seoknam-dong, Incheon, to Aegis Asset Management for about KRW 500 billion.
Coupang Logistics Center in Seoknam-dong, Incheon, is the largest distribution center portfolio sold in Korea by KKR. It tried to sell it from 2022, but there were many twists and turns, including a fire ahead of completion.
However, it was successfully sold due to its advantage in building large-scale automation facilities and the advantage that Coupang has a lease contract of more than 10 years.
In addition, the distribution center located in Daedeok-myeon, Anseong-si, Gyeonggi-do, was purchased by Rasal Asset Management, a foreign asset management company, for about 500 billion won from Jisan Industrial.
It is divided into building A and building B, and building B was completed in the second quarter of this year, and the pre-sale contract for the entire area was implemented. Building A will be partially used by Daiso, Samdeoklogis, Yongmarlogis, and Building B will be partially used by Samdeoklogis.
However, other transactions often digested bad sales in the distribution center market. A typical transaction is in which the contractor, which completed responsibility or made joint guarantees as the developer fell into financial difficulties, transferred ownership after subrogation.
In May, DL Construction acquired a distribution center located in Guryang-ri, Daewol-myeon, Icheon-si, Gyeonggi-do, which provided joint guarantees on behalf of the developer SPC Guryang Logistics for 122 billion won.
The decision comes after SPC Logistics filed for bankruptcy. This distribution center was completed last year as a large distribution center with a total floor area of 53,719㎡.
HDC Hyundai Industrial Development Co., Ltd. also took on 99.5 billion won in debt of a distribution center located in Gayu district, Anseong-si, Gyeonggi-do, which was in charge of construction. This is because the completion was not completed on time because it was not approved.
Since then, the site of the distribution center has been auctioned off, and after three bids, HDC Hyundai Development Co. participated in the bidding alone and won the bid for 110.8 billion won.
The market analyzes that the logistics center investment market needs more time to recover. From the second half of this year, the sale of assets of NPL (insolvent bonds) distribution centers is expected to increase.
"Wonchang-dong 394-35 distribution center, Byeolnae ONE distribution warehouse, and Gunnyang-ri distribution center are representative examples of the construction company's transfer of ownership due to the financial difficulties of the developer," a Genstarmate official said. "It is unclear whether the distribution center market has actually recovered."
Meanwhile, according to analysis by Genstarmate, the cap rate, which represents net income from real estate investment purchases, recorded 5.77% in the second quarter of this year, up 0.27 percentage point from the previous quarter.
※ This service is provided by machine translation tool, NAVER papago.
The domestic distribution center market is stretching out. Major base distribution centers are traded this year and attract investors' attention. New sales that have secured high-quality tenants also appear one by one in the market.
According to the investment bank (IB) industry on the 18th, the developer Value Corporation began selling the Coupang distribution center in Gyeongsan, Gyeongsangbuk-do. CBRE Korea is the selling advisor.
The Gyeongsan Coupang Logistics Center in Gyeongsangbuk-do is located in 903, Muncheon-ri, Jinryang-eup, Gyeongsan-si, Gyeongsangbuk-do. It is located 10 minutes away from Gyeongsan IC on Gyeongbu Expressway, so it can be purchased and delivered throughout the Yeongnam area. Jinryang Hi-Pass IC is also scheduled to open next year, which is expected to improve accessibility in the future.
The main tenant is Coupang. Coupang has signed a five-year liability lease contract. Local bases are being secured for rocket delivery across the country, and it is interpreted that Gyeongsan Coupang Logistics Center has been used as an infrastructure center in the Yeongnam region.
In addition, it is in line with Coupang's growing size to check the advancement of domestic and foreign e-commerce companies such as Ali and Temu. Coupang achieved its first annual surplus since its foundation in 2010 with an operating profit of 617.4 billion won last year.
Gyeongsan Logistics Center has 2 basement floors and 12 ground floors, with a total floor area of 98,673.64㎡ (29,848.78 pyeong). It is a mixed distribution center asset with two floors of low-temperature warehouses, five floors of room temperature warehouses, and seven floors of support facilities.
The floor area ratio and the building-to-building ratio are 297.15% and 69.88%, respectively. The market sees the estimated sale price of Gyeongsan Logistics Center at more than 210 billion won.
The Gyeongsan Logistics Center is expected to be completed in August, and it is evaluated that it has the optimal conditions for logistics operation in the new industrial complex, Gyeongsan 4 General Industrial Complex. It is also noteworthy that it has a high floor height of 11m and a rectangular structure.
Other distribution centers are also trading in the real estate investment market. According to commercial real estate service provider Genstamate, transactions at distribution centers nationwide in the first quarter were 896.9 billion won.
Among them, the number of transactions in the distribution center in the metropolitan area is 11. Low-temperature distribution centers, which have not traded since the first quarter of 2023, also traded one case in the southeast and two cases in the west.
In March, Aegis Asset Management acquired the "Pivot Plus Logistics Center" located in Majang-myeon, Icheon-si, Gyeonggi-do, from Pivot Plus for 212 billion won. It is a room temperature distribution center with a transaction area of about 107,008㎡ (32,370 pyeong).
Rasal Asset Management, a foreign asset management company, sold the "Rosiport Osan Logistics Center" located in Osan, Gyeonggi-do to Pacific Investment Management. The transaction price is 125 billion won.
It is interpreted that the transaction is taking place as the distribution center market, which had suffered ups and downs due to oversupply problems until last year, is moving.
In the first quarter, the new supply area of distribution centers nationwide was about 128㎡ (390,000 pyeong), which was only 55% of the new supply in the previous quarter. Transaction volume also decreased by 20.4% during the same period.
The industry believes that distribution center sales will continue to appear in the market. However, since the distribution center market situation has not yet fully recovered, the prevailing view is that it remains to be seen whether the transaction of the distribution center located in the provinces, not the metropolitan area, will be successful.
An IB industry official said, "At least by the end of this year, assets in distribution centers, including excellent distribution centers in the Seoul metropolitan area, will find new owners," adding, "As market funds are dry, prospective buyers are likely to carefully consider acquiring sales."
Value-up (value increase) will be conducted on real estate assets that have been sold maliciously due to COVID-19 and high interest rates. There are successful remodeling cases, such as the conversion of a closed hotel into a new office.
Companies are also willing to take over real estate assets that have been transformed into new ones. The industry expects real estate value-up to continue in the future.
According to the investment bank (IB) industry on the 29th, the Korea Financial Telecommunications & Clearings Institute is seeking to acquire Chungmuro 15 (Ilo) Building, an office located in 43 Chungmuro 3-ga, Jung-gu, Seoul.
Chungmuro 15 Building is an asset that Aegis Asset Management and SK D&D acquired T-Mark Hotel Myeong-dong and recreated as an office.
T-mark Hotel Myeong-dong was closed due to the direct hit of COVID-19. Aegis Asset Management created a workspace by remodeling the asset. The total floor area has also been expanded from 16,651㎡ (5036 pyeong) to 21,646.11㎡ (6547 pyeong).
The IB industry believes that the Korea Financial Telecommunications & Clearings Institute is currently looking for an office above the medium and large-sized level that can fit its internal computer system, so there is a possibility that Chungmuro 15 Building will be finally selected as its headquarters.
Other real estate properties in Seoul are also being transformed into high-value assets.
Aegis Asset Management previously purchased the Millennium Hilton Hotel, Metro Tower, and Seoullo Tower near Seoul Station. It is part of the plan to turn the area into a landmark in the city center that combines green space and about 460,000 square meters (139,100 pyeong) of office, hotel, and retail complex facilities.
In the case of the Millennium Hilton Hotel site, construction is expected to begin within this year after passing the Seoul Metropolitan Government's review of the redevelopment integration. Metro Tower and Seoullo Tower will start development with the aim of completing it by 2029.
GRE Partners Asset Management signed a contract in December last year to purchase the Enter 6 Park Avenue Hanyang University branch near Hanyang University Station on Subway Line 2 for about 110 billion won. Currently, we are considering remodeling the retail facility into an office.
Near this asset is Seongsu-dong, an emerging commercial district and business area in Seoul. When the remodeling is completed, IT (information technology) startups near Seongsu-dong are expected to be noticed.
Logistics centers, which have suffered ups and downs due to the risk of low-temperature vacancies, will also have value-ups. More and more places are converting their planned low-temperature facilities to room temperature through design changes.
Earlier this year, Marston Investment Management changed the design of the Logies Point Protection A Mixed Logistics Center located in Anpyeong-ri, Icheon-si, Gyeonggi-do, to room temperature and is under construction.
Nike has been secured as a major tenant as a large distribution center with two basement floors and four ground floors and a total floor area of 49,636㎡ (15,014 pyeong).
The IB industry predicts that the number of cases of real estate assets' transformation will increase in the future. As the real estate market has not yet recovered, it is also advantageous in terms of cost to rebuild already built buildings rather than build new assets.
Genstarmate, a commercial real estate service company, explains that logistics centers that have already been completed are increasingly absorbing rental demand by repurposing low temperatures to room temperature.
An official from GenStarMate said, "The vacancy in the distribution center, which is currently a problem, will decrease overall within the next two to three years."
An open-air bath where the water is warm and the air is cold. Here are the best open-air baths you shouldn't miss this season.
As much as we love the wave pools and rides at lively water parks, we’re often drawn to open-air baths when we want to sit in a warm pool and relax with a view. We’ve rounded up some of the best open-air baths in and around Seoul, or even if you’re a bit further afield, for a truly relaxing experience.
View this post on Instagram A post shared by Paradise City l Spa CIMER l 씨메르(@pcitycimer) (Paradise City l Spa CIMER l 씨메르(@pcitycimer))
Paradise City’s Cimera feels like you’re in a large European spa
with a European sensibility and Korean jjimjilbang culture
there is also a virtual spa that incorporates media art
so there are tons of contents that can only be enjoyed inside the spa
📍 186, Yeongjonghaeannam-ro 321beon-gil, Jung-gu, Incheon (Map)
View this post on Instagram A post shared by 테르메덴(@termeden_official) (테르메덴(@termeden_official))
A 40-minute drive from Seoul, Icheon Thermaden is a German-style spa with a relatively large water park
including a lazy river that you can ride in a tube
so it’s recommended for those who want to enjoy outdoor water fun
Thermeden also has a real open-air bath that you can use while bathing
It’s hard to find an open-air bath in the suburbs of Seoul
so let’s enjoy it at Icheon Thermeden
and hot water pool all at a reasonable price
📍 984, Moga-myeon, Icheon-si, Gyeonggi-do (map)
View this post on Instagram A post shared by 파라스파라 서울 𝗣𝗮𝗿𝗮𝘀𝗽𝗮𝗿𝗮 𝗦𝗲𝗼𝘂𝗹 (@paraspara_seoul)
While the pool and jacuzzi are only available to guests staying at a Parasparra hotel, if you’re looking for an open-air experience while staying close to the action, Parasparra Seoul is a great place to vacation.
View this post on Instagram A post shared by 리솜리조트 공식 인스타그램(@resom.resort) (리솜리조트 공식 인스타그램(@resom.resort))
which has a history of more than 600 years
The water quality is excellent and there are about 15 open-air baths
The same brand, Forest Lysom in Jecheon
making it a popular destination for those in need of wellness in nature
📍 45-7, Deoksan-myeon Hot Spring Complex 3-ro, Budae-gun, Chungcheongnam-do (map)
Chaksan Hot Spring Recreation Village offers natural hot spring water at 50 degrees without heating
The view of Seoraksan Mountain and the forest from the open-air bath is impressive
and you can have an outdoor experience while bathing rather than in a hot pool
but you can use the sauna (open-air bath) facility separately for 11,000 won per adult
There is also a family hot spring room where families can bathe together
📍 327, Sokcho-si Gwangjang-ro, Gangwon-do (map)
You can experience a warm bath while feeling the wind
📍 865-17, Samsanam-ro, Samsan-myeon, Ganghwa-gun, Incheon (Map)
The USA tops the podium in the HYROX Pro Men's division
Written by Phil BlechmanLast updated on February 19th
The 2024 HYROX Icheon was a Pro division race in South Korea that featured Indiviual and Doubles races for both male and female athletes. The HYROX Pro men’s race saw Gabe Heck of the USA lock in one of only two sub-60-minute times to stand atop the podium
Claire Cheung of Hong Kong claimed gold in the HYROX Pro Women’s race — one of two female competitors from Hong Kong to reach the podium
The Pro Doubles divisions culminated with gold medals awarded to Byungseok Song and Beomseok Hong on the men’s side and Hyemoon Park and Marisol Chae on the women’s side
Below are the results for each of the four contested HYROX Pro divisions in South Korea:
[Related: How Patrick and Kristi O’Connell Program Training for Their 2024 HYROX Debuts in Houston]
A post shared by Gabe Heck (@gabeheck)
[Related: HYROX to Expand to Canada in October 2024]
Byungseok Song and Beomseok Hong put on an absolutely dominant performance in the HYROX Pro Doubles in the men’s division
Not only were they they only duo to score a sub-60-minute time
but they finished over eight minutes ahead of the runner-up team
Byungseok Song and Beomseok Hong’s time was not fast enough to crack the top 25 scores all-time
The next HYROX race on the official schedule is the 2024 HYROX Katowice and the 2024 HYROX Miami on Feb. 24, 2024. The next contest to feature HYROX’s Elite 15 division — the 15 male and 15 female athletes with the 15 best race times in the sport — is the 2024 HYROX US Championships on March 7
Phil is a native New Yorker passionate about storytelling
The views expressed on this site may come from individual contributors and do not necessarily reflect the view of BarBend or any other organization
BarBend is the Official Media Partner of USA Weightlifting
Copyright © 2025 · BarBend Inc · Sitemap
The companion lottery announced on the 4th that "11
45" was selected as the first prize winning number in the 1118th lottery lottery
There are 19 first-place winners who get all six winning numbers right
The second place with five winning numbers and bonus numbers will receive 64.98 million won each
and the third place with five winning numbers will receive 3,518 won
The fourth place (fixed prize money of 50,000 won) with four winning numbers is 145,194
and the fifth place (fixed prize money of 5,000 won) with three winning numbers is 2,435,500
The top emission points are 16 automatic selection and 3 manual selection
The 16 automatic selection places will be selected as lucky lottery tickets (Gangbuk-gu
The three manual choices are Seoul-gu District 17 Gapan (Guro-gu
the deadline for payment of the prize money is within one year from the start of payment
and if the last day of payment of the prize money is a holiday
it can be received by the next business day
The global semiconductor market size reached US$ 650.2 Billion in 2023
the top semiconductor companies are developing power-efficient
and cost-effective solutions tailored to specific IoT applications due to the proliferation of IoT devices
To enable seamless connectivity and efficient data processing
IoT devices require energy-efficient and low-power microcontrollers
which is providing a lucrative opportunity for the key players
governments are investing and implementing policies to promote the development of semiconductor companies
such as China semiconductor companies and Vietnam semiconductor companies
the increasing transition towards electric vehicles and renewable energy sources is significantly supporting the top companies as EVs require power electronics
which rely on semiconductors for efficient and reliable operation
semiconductor companies are offering high-throughput computing and analysis solutions for complex biological data due to escalating demand for personalized medicine and genomics research
which is acting as another growth-inducing factor
manufacturers are developing RF (Radio Frequency) components
and advanced modulation techniques on account of the deployment of 5G networks
the escalating demand for high-performance chips and processors for AI-driven technologies
and computer vision is creating a positive market outlook
Some of the other factors driving the market include the emergence of edge computing and the expansion of cloud computing infrastructures
the market to reach US$ 1,170.4 Billion by 2032
exhibiting a growth rate (CAGR) of 6.75% during 2024-2032
Learn about opportunities, challenges, and trends in the global Semiconductor market with IMARC’s market research report. Try a free sample today
The global semiconductor market has several major players including Broadcom Inc.
Toshiba Electronic Devices & Storage Corporation (Toshiba Corporation)
More information about these companies has been provided below
Get an inside look at the global semiconductor market with exclusive insights
Senior Content Writer at IMARC Services Private Limited
Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research
covering diverse sectors from information technology to healthcare
She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets
© Copyright IMARC Services Private Limited 2025
Until it is confirmed that the school gate is closed
we should try to gather students as much as possible
we should also consider the use of the site
As the number of schools in the Seoul metropolitan area and even Seoul is on the verge of closing
and local governments are deeply concerned
attention is being paid to how to use the closed school site
the Seoul Metropolitan Office of Education plans to use the site as a valuable "Seoul Integrated Online School." In accordance with the policy of preparing schools where students can take real-time remote classes online in each region
30 online-only classrooms and 10 online and offline classrooms will be prepared
a special school for physical disabilities
and the AI Convergence Career Education Center will be established on the site of Seongsu Industrial High School
and Dobong High School buildings will be shared by Dobong Elementary School and Dosol School
it may be used as a district heating system or it may become a local hideous object
has only been the first to see its use as a parking lot for a year due to delayed consultations between the Seoul Metropolitan Government and the Seoul Metropolitan Office of Education
was temporarily used while the Gayang District of the Seoul Gangseo Police Station was remodeling the original building
a middle and high school for North Korean defectors
An official from the Seoul Metropolitan Office of Education said
"Other than reorganizing it into an educational facility
it can be used as a convenience facility for residents
and the sale to the private sector should be considered at the end."
As such things are expected to happen countless times in the future
the Seoul Metropolitan Office of Education is busy preparing measures
such as announcing the "Basic Plan for Establishment and Operation of Urban Campus" in October last year
The main goal of this is to disperse students from nearby overcrowded schools by utilizing small schools that are on the verge of closing
The process and conditions are difficult when establishing or eliminating new schools in Seoul
and if used as a campus (branch) for overcrowded schools
two rabbits can be caught: "Survival of closed schools" and "Resolving overcrowded classes," according to the Office of Education
closed schools may be transformed into more diverse forms
completed a drone center that provides drone control
and light maintenance services to a building attached to Jikdong Elementary School in Gaejin-myeon
Yongho Branch School in Hansan Elementary School
was refurbished as a public cat protection and distribution center in September last year and became a facility that can accommodate up to 120 cats
This is a part that needs to be operated according to the situation of each region
which is close to the capital Seoul but has many urban and rural complex cities with a high proportion of rural areas
and has recently attracted attention as elementary schools are fiercely competing to attract new students
raised its scholarship from 300,000 won to 1 million won
increasing the number of new students from four last year to seven this year
Due to the decrease in the number of students
Sanpyeong Elementary School in Seoun-myeon
will hold classes in doubles classes (classes where two grades teach in one classroom) three years ago
and will pay 100,000 won for admission scholarships and regular school trips to Jeju Island every year
The number of new students increased from the original single digits to 12 last year as faculty and staff circulated promotional flyers containing such information to nearby kindergartens
An official from the Gyeonggi Provincial Office of Education said
"Since each elementary school competed for scouting early
I have seen that the older brother is A Elementary School and the younger brother is B Elementary School." In some areas of Gyeonggi-do
students are allowed to choose schools by setting certain areas as school districts for multiple schools through a joint school district system
If the number of students in the two adjacent grades is less than 8
and if the total number of classes is reduced to less than six
increasing the burden on the remaining teachers
the work-life balance of faculty members is affected by student recruitment performance
school buses for students have now become common in Gyeonggi Province
According to a report by the Gyeonggi Research Institute
the average commuting distance of 1,147 elementary schools in Gyeonggi-do was 860m
and 28.1% (322 schools) of schools had an average commuting distance of more than 1km
It is more common to drive to school or use a school bus than to walk
it is unclear how long each school will be able to attract new students
The number of elementary school students nationwide is decreasing by tens of thousands every year
Gyeonggi-do Province also fell to 100,000 for the first time this year
with only 108,104 students attending elementary schools
An official from the Office of Education said
"We are considering various measures such as the consolidation and abolition of small schools."
construction companies are taking over distribution centers built by themselves
It is expected to take over assets and wait for the market to rebound before exiting in due course
According to the Financial Supervisory Service's electronic disclosure system on the 25th
Sungdo ENG announced that it would acquire a low-temperature logistics center located in Yongin
for 88 billion won from Daishin Asset Trust
Sungdo ENG was in charge of the construction of this distribution center
The distribution center was acquired by exercising the preferential purchase right of the construction company under the construction contract and the managed land trust contract
"We have carried out the transfer for the purpose of collecting unpaid bonds from the construction and securing real estate investment profits," and added
"We will seek to increase assets through rental income and trading profits in the future."
The distribution center is located in 1016 Buk-ri
It is a low-temperature logistics warehouse facility that has been developed by ARMY Industrial and consists of one basement floor to five floors above ground
It has a land area of 9,707㎡ and a building area of 38,958㎡
The IB industry interprets that Sungdo ENG will take over the distribution center to cover construction costs and compensate for interest and sunk costs through future leases
there have been many cases of contractors taking over the distribution center this year
The contractors will recover the funds when the distribution center is sold after completion
it is expected that they will buy assets by "crying" and then wait until the market improves before selling them
DL Engineering & Construction acquired a distribution center located in Gunryang-ri
which was jointly guaranteed on behalf of the developer SPC Gunryang Logistics
The decision comes after SPC Logistics filed for bankruptcy
This distribution center is a large-scale distribution center with a total floor area of 53,719㎡ and was completed last year
HDC Hyundai Industrial Development also took on the debt of 99.5 billion won for the distribution center located in the Gayu district of Anseong
This is because the completion was not completed in time due to the lack of approval
the site of the distribution center has been transferred to a public sale
HDC Hyundai Industrial Development participated in the bidding alone and won the bid for 110.8 billion won
"Construction companies that can afford funds are in a position to buy bad assets cheaply and hold out until the market improves," an IB industry official said
"It is highly likely that construction companies will actively engage in competition and public sale in the second half of this year."
20 -- The roughly USD10 million worth of used lithography machinery Suzhou Crystal Clear Chemical bought four months ago to produce semiconductors has arrived
Crystal Clear's shares [SHE:300655] closed 6.93 percent up at CNY36.67 (USD5.64) at the lunch break on the news
The Chinese producer of chemical materials for the electronics industry announced the purchase of the argon fluoride laser equipment made by Netherlands-based ASM International from South Korea’s SK Hynix through Singapore-based electrical wholesaler Singtest Technology for USD11 million on Sept
saying the purchase will push its research and development of high-end products
Its shares hit the Shenzhen bourse’s ChiNext Index’s 20 percent up limit the next day.
Lithography machines are key equipment for chip manufacturing.
"The equipment's installation project is set to end in the first half
and we are expected to finish technical specification related to the new technique of ArF photoresist products
and realize large-scale production in three years," Shanghai Securities News reported yesterday
citing the firm’s Chairman Wu Tianshu
China-made photoresist will be able to basically meet the requirements of 45 nanometer to 28nm process technology and manufacturing techniques with the industrialization of the ArF photoresist
The costs of the deal include the equipment purchase price
taxes and fees incurred in transferring its title
Photoresist is light-sensitive liquid made up of a photosensitive resin
sensitizer and solvent that uses a photochemical reaction to transfer a fine pattern onto a substrate via exposure by ultraviolet light
It mainly includes printed circuit board chemicals and those for liquid crystal displays and semiconductors
World chip technology is now at the micro-nano level
Japan and the US essentially monopolize the core technologies of these two types of photoresists
Netherlands-based ASML Holding makes machinery used to produce integrated circuits
It is the world's biggest supplier of photolithography equipment to the semiconductor sector. Icheon-si-based Hynix is a memory semiconductor supplier of dynamic random-access memory chips and flash memory chips
It is the globe's second-biggest memory chipmaker and the world's third-largest microprocessor producer
the Gyeonggi Tourism Organization recommended six tourist destinations for spring flowers in Gyeonggi Province
Gyeonggi Province will hold the "Spring Flower Festival," one of the events of the "Gyeonggi-do Cultural History" in the former Gyeonggi-do Provincial Office from the 5th to the 7th
The Gyeonggi Provincial Government Spring Flower Festival is one of the representative cherry blossom festivals in Gyeonggi Province that attracts more than 200,000 people every year
the Gyeonggi Tourism Organization organized the "Gyeonggi-do Cultural History" event
and entertainment in terms of cultural tourism
Major events will feature various performances such as △ Band △ Fusion Gugak △ Musical △ Magic Show
It also operates a night-lighted cherry blossom walkway so that you can enjoy the night view of the cherry blossom road
you should go to the Royal Azalea Garden in Sanbon New Town
This is because the Royal Azalea Garden in Sanbon New Town is the best royal azalea colony in the Seoul metropolitan area with 200,000 royal azalea trees
more abundant royal azaleas can be encountered year by year
and the number of visitors is increasing significantly every year
Accessibility by public transportation is also good
Exit 3 of Surisan Station on Subway Line 4 connects to Royal Azalea Park
and it takes three minutes on foot to reach Royal Azalea Garden
The 10th Gunpo Royal Azalea Festival will be held from the 20th to the 28th in Gunpo-si
including Royal Azalea Garden and Chomakgol Ecological Park
Yongin Rural Theme Park is recommended if you need a rural experience and family rest
The biggest advantage of rural theme parks is that they are 39 garden sheds installed everywhere
there will also be an urban-farming event where tourists and farmers harmonize
such as agricultural experience and agricultural product sales
the cherry blossom path along the circumference of Seolbong Lake in Seolbong Park
you can also look around the Gyeonggi Ceramic Art Museum and Icheon City Museum
which is good for enjoying a leisurely spring day
Eungye Lake Park is the first place to deliver the spring news of Siheung
Starting with cherry blossoms on Onan Mountain next to the lake
you can realize that spring has come only when the azaleas are in full bloom
Eungye Lake Park is a park created in the area of Eunhaeng-dong
and is used as a shelter for citizens and a public cultural space where various performances are held
It is a park loved by nearby residents because Eungye Lake and Onansan Mountain are connected as one
enjoying nature and relaxing in the city center
you can enjoy the romance of spring days by adding subtle lighting to the music fountain
A new healing park has been created in Gapyeong
It is a Begonia bird garden with birds and gardens under the theme of Begonia
called "Flower among Flowers" and "The Queen's Flower."
In Korea's largest greenhouse designed with the goal of "from everyday life to healing rest," you can enjoy colorful begonia and walk through a greenhouse filled with fragrances and meet rare parrots
where more than 600 pots are stacked in eight tiers
you can also enjoy the luxury of being surrounded by colorful begonia
Another advantage is that if you take a wide-area bus from Jamsil Station
you can get off right in front of the main gate
The rainy season continues with heavy rain
I hope everyone going on vacation at this time of the year will travel safely
we have prepared "5 unique domestic rest areas" for the holiday season
is located in the Ansan Interchange (IC) and Seoansan Interchange (IC) sections of the Yeongdong Expressway
It is a two-way rest stop that can enter both Gangneung and Incheon directions
The exterior is shaped like a drop of water
and the interior of the rest area is decorated like a garden
the first floor is a restaurant where you can eat
There is also a space where you can eat with your pets
most of them are cafes or shops selling simple snacks
The charm of Ansan Rest Area is that you can see state-of-the-art robot technology here
Pulmuone Food & Culture has introduced robot technology in the restaurant area to create a futuristic rest area that can appear in science fiction movies
you can see "Robot Wok," a cooking robot that automatically stir-fry ingredients used in rice bowls
There is also a 'robot barista' that works around the clock
Pulmuone and coffee franchise Tom & Toms collaborated to introduce a robot barista
and they manufacture a variety of drinks from Americano to latte
the coffee franchise Pascucci here also offers a drive-through service where you can get coffee from your car for the first time at a highway rest stop
The next batter is the "Siheung Sky Rest Area," which floats on the highway
Located between Jonam Junction and Dori Junction on the Seoul Outer Ring Expressway
it is the first commercial complex rest area in Korea and can be used in both directions of Ilsan and Pangyo
which are usually installed on the up and down lines
it is unusual to pass through the air of the up and down lines
The rest area is a four-story building with one basement level and three floors above the ground
There are about 30 food and beverage stores
in the restaurant street on the third floor
In the MBC entertainment program "Omniscient Interfere Point of View," singer Chung-ha and his manager visited the place and ate hot dogs and sweet and sour chicken
Bridge Square is divided into blue zones in the direction of Ilsan
and green zones in the direction of Pangyo
making it easier to find a way if you remember the location of each zone well
a cultural space specializing in world famous paintings
you can enjoy high-quality replica art and media art from masters such as Gogh
Although business hours vary from store to store
fast food restaurants are open from 6:30 a.m
every day considering that many people commute to and from this section
is located on Yeongdong Expressway in Icheon-si
It is considered one of the three largest complex rest areas in Korea
with the highest sales at rest areas nationwide
it has been converted into an open rest area so that local residents can also use the rest area due to the high demand from residents who want to find the rest area comfortably
Deokpyeong Natural Rest Area boasts an incredibly green natural scenery that cannot be believed to be a rest area
Passing through the birch trees lined up in the central garden
There is also a whale fountain in the pond where water spews out when you throw a coin and put it into the ship
The collected coins are donated to the World Wildlife Fund (WWF) without waste
The country's first dog theme park "Run Coco" was also created within the rest area
there are auxiliary facilities such as an artificial grass playground
A private tent space was also created at the rest area where you can eat gently with your dog
this rest area is more attractive when you stop by in the evening
a small theme park with the theme of space
which boasts a view that looks like a blue star is waving
It may be closed in case of bad weather due to rain
located next to the Majang Junction where Jungbu Expressway and the 2nd Jungbu Expressway merge
It is divided into Hanam and Icheon directions
Drone soccer is a new exercise that applies information technology that enjoys the shape of a soccer ball by putting it in a circular goalpost
but also a baseball field that can cool off the driving stress
Those with pets can also stop by without any problems
This is because it has all kinds of restaurants
In the restaurant where pets can be accompanied
there are dedicated tables and pet strollers for each seat
Hoengseong Rest Area is the number one restaurant selected by an employee of the Ministry of Land
who has visited all of the nation's leading rest areas
This is a rest stop on the Yeongdong Expressway in Sosari
and you can enter the direction of Incheon and Gangneung
they sell a variety of foods made of Korean beef
Infrastructure and Transport employees chose Hoengseong Korean Beef Rice Soup
you can taste foods made of Hoengseong Korean beef
such as Korean beef rice cake deodeok steak and Hoengseong Korean beef seaweed soup
Looking at what to do in the bathroom of the Hoengseong Rest Area
who is famous for his work "The Bull." Of course
but it's fun to stop by a rest area by putting the elements of fun that are like the home of cows everywhere
The ranking of popular foods at rest areas is also a must
According to a survey conducted by the Korea Expressway Corporation
Americano was the top-selling menu during the Lunar New Year and Chuseok holidays at rest areas nationwide last year
and sales amounted to about 1,769.4 million won
the menus for the Lunar New Year and Chuseok holidays will be different
The food that ranked second during the Lunar New Year holiday was 'Nutcracker'
The third place was "Woodong," which sold a total of 267,000 units
Udon and walnut cookies ranked second and third in food sales during the Chuseok holiday
A bilateral agreement with Japan will bolster cooperation in protecting the nationals of both nations abroad
Click here to read more about the latest summit between leaders of both countries
Korea and New Zealand have agreed to advance talks on elevating the bilateral Partnership for the 21st Century concluded in 2006 to a comprehensive strategic partnership
the Jeong-Kang pair will face in the final Hong Kong in mixed pair BC3 boccia
“Reading is so sexy!” — Headlined by The Guardian (UK) | Balance Talk | Ep
PNP launches TOP COP special class to enhance tourist safety
Jusung Gabriel Park & Daejeon Philharmonic Orchestra
Hong Kong high school students visited Chicken University in Icheon to learn "K-Chicken," which is growing into a global franchise model
the chicken franchise Genesis BBQ Group announced that a total of 41 people
including high school students and teachers from St
conducted a corporate tour at Chicken University located in Icheon
Students participated in the Chicken University Chicken Camp to learn BBQ's global management strategy
which has recently expanded its stores in Southeast Asia and Latin America to explore global companies
This program is an industrial field experience program conducted by Chicken University
Korea's first franchise-specialized educational institution
and has been operated since 2004 to increase consumer interest in the restaurant and franchise industry and provide various experiences such as chicken cooking
Starting with a tour of chicken university facilities
students were able to learn about the excellence of K-food
strategies and current status of global entry
and education about the Korean franchise industry as a whole
I also experienced the restaurant industry
"I made memories today that I want to keep for the rest of my life and show off to my friends," said Tsui Wenjeng
a student who participated in the chicken camp
"I thought it was simply difficult to make K-chicken
but it was an opportunity to learn why it was delicious."
Chicken University Chicken Camp has been operating a separate program linked to travel agencies since 2016 due to the continued increase in demand for foreign tourists
it was designated as a representative cultural facility by the Gyeonggi Tourism Organization
a fresh blanket of snow is painting the landscape white
If powdery slopes and cool air are on your mind
South Korea and India are great places to go
to take in the views but also to whizz down the slopes and get your ski game on
Whether you're a novice or an experienced skier
pack your ski gear for your next downhill adventure at these ski resorts in Asia:
The largest in China
Yabuli Ski Resort is made for skiers of all levels and is open from mid-November to early April
Experienced skiers can try the 2.7-kilometer A5
Little tots can enjoy the 2.2-kilometre sled slide with about 48 twists and turns
Yabuli hosted the 1996 Winter Asian Games and is the main training venue for the Chinese national skiing teams.Address: Shangzhi Yabuli Ski Resort
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