Netmarble will sell G-Tower in Seoul's Guro district, which it has used as its headquarters, for 697.7 billion won. The aim is to secure financial flexibility and reorganise its asset portfolio.
Netmarble said in a filing on Wednesday that its board resolved to dispose of all land and buildings at G-Tower, located at 38 Digital-ro 26-gil, Guro-gu, Seoul.
The disposal price is about 697.7 billion won, equal to 8.62 percent of total assets of 8.1 trillion won based on its consolidated financial statements as of end-2025. The counterparty is NH Investment & Securities, in its capacity as trustee for JIBESCO General Real Estate Investment Trust No. 4, and the company expects to receive the balance on June 12.
Netmarble specified the purpose of the disposal as "securing liquidity through the sale of owned assets". G-Tower is an office asset in the Guro area that Netmarble has used as its headquarters for a long time, and it is known to have worked on the sale for about a year, starting with sending a request for proposals last April to select a lead manager for the sale.
The disposal price is the amount under the sale contract excluding ancillary costs and may change depending on progress. The expected date for receiving the balance can also be adjusted through consultations.
Netmarble is building a new headquarters at Gwacheon Knowledge Information Town, targeting completion next year, and the sale also has the character of an asset disposal ahead of the move.
A Netmarble official said, "The sale of G-Tower was 추진된 as a matter promoted to improve the efficiency of operating owned assets and secure financial flexibility, and through this we want to proceed with reorganising our asset portfolio."