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One in four flats up for sale are being offloaded by a landlord... but does anyone want to buy them?

The property market is awash with landlords trying to offload flats thanks to falling profits and stricter regulations.

One in four flats up for sale are being offloaded by a landlord... but does anyone want to buy them?

We haven't written up this one. This Is Money has the full story — the link below goes straight to it.

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Kim Faces Repayment Burden After Homeplus Rehabilitation Ends

Obligations Tied to DIP Financing and Personal-Asset Borrowing Now Total About KRW 600 Billion MBK Partners Chairman Kim Byung-joo has begun fully carrying out repayment obligations tied to guarantees…

  • Kim Byung-joo faces KRW 600 billion repayment burden post Homeplus rehabilitation
  • KRW 60.0 billion in emergency operating funds repaid to Curious Partners
  • Personal-asset collateral loans demand KRW 100.0 billion repayment

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