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Cushman & Wakefield: Korea Advises on the Sale of 19 Gas Stations Nationwide for Koramco Life Infrastructure REIT. Published on 10/14/2026 at 02:33 am EDT Cushman & Wakefield Korea Advises on the Sale of 19 Gas Stations Nationwide for Koramco Life Infrastructure REIT * Targeting gas stations in key locations nationwide, including Incheon, Gyeonggi, Chungcheong, and Yeongnam... Sales marketing aimed at operators, developers, and investors * Bid announcement scheduled for October 14; bid deadline set for November 19 Cushman & Wakefield Korea, a global commercial real estate services firm, announced that it has been selected asthe sales advisor for the sale of 19 gas stations nationwide owned by Koramco Life Infrastructure REIT, which is managed by Koramco Asset Trust. The sale of these gas stations covers 19 locations across major regions nationwide, including the Seoul Metropolitan Area (Incheon and Gyeonggi Province), as well as Daejeon, North Chungcheong Province, Daegu, North Gyeongsang Province, and South Gyeongsang Province. The bid announcement is scheduled for October 14, and the bid deadline is November 19. This sale is being carried out as part of Koramco Life Infrastructure REIT's asset divestment strategy aimed at restructuring its portfolio and investing innew growth assets. The gas stations up for sale vary widely in location and operational characteristics-ranging from properties near industrial complexes and major arterial roads to those adjacent to residential and commercial areas-and are expected to attract interestnot only from operators seeking to run gas stations but also from developers and investors considering land development or repurposing of the sites. Koramco Life Infrastructure REIT to Sell 19 Gas Stations Nationwide The second round of sales for 2026 includes a total of 19 gas stations in the Seoul Metropolitan Area and major regional cities. The assets up for sale by region are as follows. Incheon (4 locations): | Namdong-gu Industrial Complex No. 1 Gas Station | Namdong-gu Industrial Complex No. 2 Gas Station | Bupyeong-gu Bupyeong Industrial Complex Gas Station | Bupyeong-gu Sangok Self-Service Gas Station Gyeonggi (4 locations): | Dunjeon Self-Service Gas Station, Yongin | Hwaseong Premium Self-Service Gas Station | Songtan Jeil Gas Station, Pyeongtaek | Saegwangju Gas Station, Gwangju Daejeon and North Chungcheong (4 locations): | Daejeon Noeun Gas Station | Jecheon Jecheon-daero Gas Station | Jecheon Joyang Gas Station | Cheongju Kyodae Self-Service Gas Station Daegu and North Gyeongsang (4 locations): | Namdaegu IC Gas Station, Daegu | Kyungnam University Self-Service Gas Station, Daegu | Saehwarang Gas Station, Gyeongju | Oryeon Gas Station, Pohang South Gyeongsang (3 locations): | Yangsan Yangsan-daero Gas Station | Changwon Kukdong Self-Service Gas Station | Miryang Miryang Hyundai Gas Station The properties up for sale include gas stations located near industrial complexes and major arterial roads in the Seoul Metropolitan Area, as well as those adjacent to residential and commercial areas in major regional cities. Accordingly, it is necessary to comprehensively review factors such as the location of each asset, transportation accessibility, surrounding demand, current operating model, and future development potential. Gas Station Sales: Interest Shifts from Operational Assets to Development-Oriented Real Estate Recently, gas station assets have been attracting attention not merely asoperational real estate that simply supplies vehicle fuel, but also asdevelopment-oriented real estate assets with diverse potential uses depending on their location, zoning, and surrounding development conditions. In particular, gas stations located in city centers or along major roads offer various business opportunities-such as site development, repurposing, and mixed-use development- -in addition to gas station operations, depending on the surrounding commercial district, catchment area demand, and transportation accessibility. However, unlike typical commercial real estate transactions, the purchase and sale of gas stations involve transaction considerations specific to such assets, such as soil environmental surveys, lease agreements and eviction, permits and approvals, demolition of existing facilities, and road occupancy. Therefore, it is crucial for buyers considering investment in gas stations to comprehensively evaluate not only the asset's current operational status but also its locational competitiveness, business viability, development potential, and associated risks. Cushman & Wakefield Korea plans to conduct sales marketing for this transaction targeting adiverse range ofpotential buyers-including gas station operators, developers, general corporations, and individual investors- , taking into account the unique characteristics of these gas station assets. Cushman & Wakefield Strengthens Expertise in Gas Station Sales and Investment Advisory Services Cushman & Wakefield Korea has accumulated experience in the relevant market and built a network of investors by providing gas station sale advisory and real estate investment advisory services to major domestic oil refiners and institutional investors. In particular, the firm is strengthening its advisory capabilities for the acquisition and sale of gas station assets, building on its experience in advising on the sale of gas station assets held by Koramco Life Infrastructure REIT, as well as ongas station sale projectsrelated to GS Caltex and SK Energy. In the process of selling gas stations, it is crucial to adopt a strategy that goes beyond simply securing a buyer; this involves identifying potential investors suited to the specific characteristics of each asset and effectively marketing them by distinguishing between operational and development needs. Cushman & Wakefield Korea plans to leverage its global commercial real estate network and its network of domestic investors and developers to identify a wide range of potential buyers suitable for each asset. Furthermore, the firm plans to effectively communicate the investment value of the assets up for sale and increase the likelihood of closing transactions by leveraging its specialized services, including advisory for the purchase and sale of gas stations, feasibility studies, development concept planning, and the identification of potential investors and developers. A representative from the Corporate Solutions Team at Cushman & Wakefield Korea stated, "The gas stations up for sale are distributed across major regions nationwide, from the Seoul Metropolitan Area to the Chungcheong and Yeongnam regions, and are characterized by diverse locations, operational models, and potential uses for each asset." The representative added, "We will identify a wide range of potential buyers-including those interested not only in operating the gas stations but also in evaluating the development potential of the sites-and pursue sales marketing strategies tailored to the characteristics of each asset." The representative added, "Since gas station assets require a comprehensive review of various factors-including location, surrounding catchment area demand, soil conditions, and permits-we will provide sale advisory services based on our relevant transaction experience and market network to ensure a successful transaction." Specific bidding conditions and procedures for the assets up for sale will be announced in the bidding notice scheduled for October 14. <Photo - Panoramic view of a Hyundai Oilbank gas station owned by Koramco Life Infrastructure REIT> Attachments * Original document * Permalink Disclaimer Cushman & Wakefield Ltd. published this content on October 14, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 14, 2026 at 06:32 UTC. (C) Publicnow - 2026

Colliers welcomes Prina Shah as director to the Central London Valuations team. Oct 8, 2026 Colliers has welcomed Prina Shah to its Central London Valuations team, taking the business's London valuation offering to 10 professionals. Prina joins from Cushman & Wakefield where she was Partner following a 14-year career at the firm. Prior to this she spent over four years with CBRE, working within Valuation Advisory & Investment Consulting. Prina has significant expertise in commercial valuation, asset management and advisory work across London and the wider UK market. She also has substantial expertise within the healthcare sector, including medical centres, NHS assets, hospitals and specialist care facilities. Prina commented: "Colliers has built a strong reputation within the London valuations industry, and I'm excited to be joining the business at a time of continued growth. The capital's valuations market remains a dynamic one, and I'm looking forward to working closely with clients to navigate an ever-changing landscape." Alistair Johnstone, Co-Head of Central London Valuations at Colliers, added: "Prina is a fantastic hire to our team, her reputation in the market, depth of valuation experience and collaborative approach will be crucial as we continue to grow the business and we're excited to welcome her onboard." Martyn Munford, Co-Head of Central London Valuations at Colliers, said: ""As client requirements continue to evolve, it's important that we continue to invest in expertise across key sectors. Prina's track record and market insight make her an excellent addition to the team and position us strongly for future growth."

Knight Frank appoints Ben Turner and Georgia McDonald to NSW team. The pair join Knight Frank's office leasing business from JLL and Cushman & Wakefield as the firm continues building out its New South Wales leasing team. At a glance Knight Frank has hired Ben Turner as Partner, Office Leasing and Georgia McDonald as Associate Director, Office Leasing in NSW, both starting early 2027. Turner brings 13 years of Sydney CBD office leasing experience from JLL, while McDonald joins from Cushman & Wakefield with eight years in the property sector - the pair are the latest additions to Knight Frank's expanded leasing team alongside newly appointed Managing Director Hamish Stuart and Head of Office Leasing John Brasier. Knight Frank has appointed Ben Turner as Partner, Office Leasing and Georgia McDonald as Associate Director, Office Leasing, strengthening its New South Wales Office Leasing business. Ben joins from JLL, where he was most recently Head of Office Leasing, Sydney CBD. He brings more than 13 years of experience in Sydney CBD office leasing. Georgia joins from Cushman & Wakefield, where she held the role of Associate Director, Office Leasing. She has more than eight years of experience in the property industry, including more than seven years focused on the Sydney CBD office market. Both will start at Knight Frank in early 2027. The appointments follow the recent recruitment of Hamish Stuart as Partner, Managing Director NSW and National Head of Office Leasing, and John Brasier as Partner, Head of Office Leasing NSW. John said the new hires marked another step in strengthening the firm's office leasing capabilities across the state. "Ben and Georgia are both highly regarded operators who bring outstanding market knowledge, strong client relationships and impressive leasing track records to our business," he said. "Since joining Knight Frank, my focus has been on assembling the best leasing team in the market, and these appointments demonstrate that commitment." John said Ben's experience across the Sydney CBD market would be valuable as the firm grows its platform, with Ben to focus on major project leasing, large backfill projects and development leasing. "Georgia has built an excellent reputation in the market through her work across a diverse range of leasing campaigns and her strong understanding of occupier requirements," John said. Ben said he was looking forward to the move. "Knight Frank has assembled a high-calibre team with a clear vision for growth, and I am looking forward to helping build a market-leading leasing team in New South Wales," he said. "The Sydney office market continues to evolve and there is significant opportunity ahead." Georgia said she was eager to contribute to the team's next phase of growth. "I look forward to applying my experience to help grow the firm's leasing business and deliver exceptional results for our clients," she said. Who moved, what sold and how it got done, plus the numbers behind it. Every weekday morning. Free.