In Pangyo and Anyang since 2018.
Company profile, the teams, the record since founding, and the specialists we work with in each field.
One organization links the practical work that development and transactions require.
Since the company was founded, the work has been to find land that meets a company's conditions and negotiate a sale with the owner of each parcel, then to secure an access road and change the land-use zone so the site can be built on. Acquisitions and disposals between companies, sales agency, and advisory follow from there.
Across offices in Pangyo and Anyang, the Development Team, the Corporate Sales Team, and the Administration Team divide the stages between them, with a partner network in law, tax, and property registration supporting the work.
- Company name
- Bareun Development Corporation
- Registered name (Korean)
- 바른개발공사 주식회사
- CEO
- Son Jeong-sun
- Founded
- January 15, 2018
- Pangyo Office
- Unit 102, Sangga building, 30 Pangyo-ro, Bundang-gu, Seongnam, Gyeonggi Province
- Anyang Office
- Unit 1480, Building D, 230 Simin-daero, Dongan-gu, Anyang, Gyeonggi Province
The standards we hold to in practice
We judge by whether a site can be developed, whether the terms work, and whether the contract is performed.
Deliverability
The work does not stop at finding the land. We check whether it can be developed, secure the road, and handle the procedure through rezoning and permits until the site is genuinely usable. Legal, tax, and registration matters are handled with outside specialists.
Terms Both Sides Can Accept
Assembling a single site means reconciling the differing circumstances of several owners, and in a transaction between companies the seller's and the buyer's conditions have to interlock. Terms weighted toward one side never reach signing. We look for a point both parties can accept and stay with it until the contract is performed.
Market Evidence
We read economic structure, interest rates, the business cycle, and rent and transaction indicators together to assess the property market and the conditions of the asset in question.
Three teams divide the work
Development Team
Handles land sourcing, development feasibility review, access road provision, rezoning, and permits.
Corporate Sales Team
Handles disposal mandates on corporate-owned property, acquisitions of the property a company needs, and sales agency work.
Administration Team
Supports the internal work a project requires, including contract administration and running the partner network.
The record since 2018
Engagements undertaken and research published, set out year by year.
2018
- Bareun Development Corporation founded (January 15)
Early years
- Site development for Woosuk E&C in Hwaseong, Gyeonggi
- Asset management for Geumjin Co., Ltd.
- Real estate consulting for Oseongjawon Co., Ltd.
- Real estate consulting for the Sagan-gong branch of the Pyeongsan Shin clan
2023
- Disposal advisory on a 3,253 m² (984 pyeong) site in Nonhyeon-dong, Gangnam-gu, Seoul
- Disposal advisory on approx. 19,835 m² (6,000 pyeong) of general industrial land in Sangdaewon-dong, Sujeong-gu, Seongnam
- Disposal advisory on approx. 26,446 m² (8,000 pyeong) of land in the Seoul Metropolitan Area
- Disposal advisory on an office building in Gwacheon Knowledge Information Town
2024
- Commercial real estate investment advisory for an IT company (March)
- Acquisition advisory on headquarters and warehouse assets for a mid-sized corporate group (March)
- Investment proposal for 889 m² (269 pyeong) in H-SQUARE Building S, Pangyo Techno Valley (March)
- Investment proposal for industrial support land in Magok and the Giheung HIKS urban high-tech industrial complex (March)
- Published the research report “Policy Scenarios for a Second Trump Term and the Impact on Asset Markets” (July, jointly with Pangyo Prugio Licensed Real Estate Brokerage)
The specialists who handle each stage with us
Legal
Haemaru Law Firm
Tax
Kim Gwang-dae, Certified Tax Accountant
Registration and legal
Jang Dong-su and Song Hui-jeong, Certified Judicial Scriveners
Brokerage
Pangyo Prugio Licensed Real Estate Brokerage
Nothing starts before the scope is agreed.
Deciding what is mandated, and how far it runs, is the first stage of the consulting agreement.