iPark Hyundai Development Wins KRW 183.39 Billion Apartment Reconstruction Contract

iPark Hyundai Development signed a KRW 183.39 billion construction contract on Oct. 15, 2026, for the Miseong Apartment redevelopment in Seoul. Customers are the Miseong Apartment redevelopment association and Korea Real Estate Investment & Trust. The contract represents 4.4% of 2025 consolidated revenue. * Construction will take 43 months from approval to start work. * The project comprises five apartment buildings with 490 homes and associated amenities. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iPark Hyundai Development Co. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261015800378), on October 15, 2026, and is solely responsible for the information contained therein. (C)