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HDC Hyundai Development Company company logo
Corporation
INDUSTRIAL | Construction / Construction & Design Services
hdc-dvp.com

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Portfolio Exits

1

About HDC Hyundai Development Company

HDC Hyundai Development Company, part of HDC Group, plans and constructs urban development projects and residential buildings.

HDC Hyundai Development Company Headquarter Location

55, Hangang-daero 23-gil Yongsan-gu

Seoul, 04377,

South Korea

+82 2-2008-9114

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Latest HDC Hyundai Development Company News

HDC Hyundai Development Company creates ‘sustainable’ urban projects

Aug 31, 2021

| A blueprint of the Yongsan Railway Hospital site development project (HDC Hyundai Development Company) HDC Hyundai Development Company recently announced a number of projects to build “sustainable urban platforms” that combine residential, business, shopping and cultural facilities. The company said it aims to break ground next year to turn the Kwangwoon University Station area in Seoul’s Nowon-gu into such a space that presents “a living culture of the future.” HDC expects the residential, business, shopping and cultural facilities, where contactless payments will be the norm, to help vitalize nearby areas in northeastern Seoul. The company also plans to build a 34-story residential-commercial complex with six basement levels in the Yongsan Railway Hospital site in Seoul. Spanning across the 10,948-square-meter site, the complex will house 685 residential units, shopping and cultural spaces. Construction to remodel the Yongsan Railway Hospital building into a Yongsan history museum began in May, and administrative procedures are underway for the residential-commercial complex, which HDC seeks to start building late this year. HDC Hyundai Development Company is also proceeding with a project to build over 400 homes as well as cultural, sports and startup spaces in the Gongneung Station area on Seoul’s Line No. 7. Another project the company is working on is renovating existing facilities and adding a new golf course to Oak Valley, a golf and ski resort in Wonju, Gangwon Province. HDC also plans to build premium town houses at the resort. By Kim So-hyun ( sophie@heraldcorp.com )

HDC Hyundai Development Company Portfolio Exits

1 Portfolio Exit

HDC Hyundai Development Company has 1 portfolio exit. Their latest portfolio exit was Asiana Airlines on November 16, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/16/2020

Acq - Pending

$991

8

Date

11/16/2020

Exit

Acq - Pending

Companies

Valuation

$991

Acquirer

Sources

8

HDC Hyundai Development Company Acquisitions

2 Acquisitions

HDC Hyundai Development Company acquired 2 companies. Their latest acquisition was Gada on April 01, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/1/2020

Seed

$0.51M

Spinoff / Spinout

12/27/2019

Corporate Majority - P2P

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$991

$99M

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10

Date

4/1/2020

12/27/2019

Investment Stage

Seed

Corporate Majority - P2P

Companies

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Valuation

$991

Total Funding

$0.51M

$99M

Note

Spinoff / Spinout

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Sources

10

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