Producer Kim Tae-ho buys Cheongdam-dong land for 30 billion won'Theo's new headquarters'

Aug 29, 2024

Producer Kim Tae-ho buys Cheongdam-dong land for 30 billion won'Theo's new headquarters'
TEO, a content production company founded by producer Kim Tae-ho, will build a new headquarters in Cheongdam-dong, Gangnam-gu, Seoul.

According to the real estate industry on the 29th, Theo Co., Ltd., represented by PD Kim Tae-ho, purchased a three-story multi-family row house (808.89㎡ and 1,759.04㎡) near the luxury street in Cheongdam-dong, Seoul in March this year and paid the balance in June.

The purchase price is 30 billion won, which is the purchase of an entire old row house where six households originally lived. The maximum amount of bonds is expected to be 28.8 billion won, and the actual loan is expected to be 24 billion won. Currently, the building has been demolished to build a new building.

The new building is expected to be a six-story building with two basement floors and four ground floors.

As it is a multi-family building, the purchase process is relatively cumbersome and it is estimated that the cost of brightness was considerably incurred in the process of eviction.

There is also a building nearby for actors Won Bin and Lee Na-young and Kim Hee-ae. In February 2018, Won Bin and Lee Na-young purchased a building 300m on foot from Apgujeong Rodeo Station on the Bundang Line for 14.5 billion won. At that time, he purchased a 4.5 billion won loan with 10 billion won in cash. Currently, it is valued at 37 billion won, and Won Bin and Lee Na-young each have a half stake. Cheongdam Luxury Street is nearby, a 7-minute walk from Apgujeong Rodeo Station on the subway. Son Ji-chang and Oh Yeon-soo had a building in the area and sold it in 2021 to earn 11.1 billion won in market profits.

'Infinite Challenge', 'What do you do when you play?' Producer Kim Tae-ho, who made a milestone in domestic entertainment programs by directing his back, left MBC, where he had worked for 20 years, and established the content production company Theo in December 2021. Theo has been showing steady performances by showing 'Seoul Check-in', 'World Travel of the Earth', 'Dance Singer Wandan', 'Salon Drip', and 'My name is Gabriel'. Currently, Theo includes producer Jeong Jong-yeon, who directed 'The Genius', 'Great Escape', 'Girls' Churuban', and producer Lee Tae-kyung, who directed 'Amazing Saturday'.

Meanwhile, PD Na Young-seok's Eggs Coming office is also drawing attention to the news of PD Kim Tae-ho's new office.

Earlier, producer Na Young-seok appeared on tvN 'Egg Is Coming', which aired in May, about the reason for setting up the new office building "TvN in Sangam-dong, so they all worked nearby, but they were scattered here and there to make it difficult to work. Since it's uncomfortable, I thought we should build a building and combine it all. It's not my building, it's the company building."

In response, Lee Soo-geun "It is a company building, but when it is sold, it has the highest stake." Cha Seung-won "We need to see what caused the building to go up. The beginning is Na Young-seok. It's not just the name, it's obviously Na Young-seok's. Na Young-seok is the absolute monarch there. Isn't it long and big. I felt such pressure,' he said, giving a smile. The new building purchased by Na Young-seok's production company 'EgisComing' in 2021 has risen by about 10 billion won in three years, and the current building price is estimated to be about 30 billion won.



lyn@sportschosun.com