BuildBlock, a provider of comprehensive real estate services in the U.S. targeting high net worth individuals and corporate clients in Korea and Asia, announced that it has registered for an “investment advisory business” with the Financial Services Commission through its subsidiary BuildBlock Investment Advisory.
BuildBlock is a company that provides comprehensive real estate services in the United States to high net worth individuals and corporate clients in Korea and Asia. In addition to a local real estate brokerage company in the United States, it operates a US construction license and subsidiary (General Contractor) that allows it to directly perform construction work.
By leveraging these capabilities, we recommend and broker suitable properties for customers who need real estate for residential use as well as those who want to transfer assets to the U.S. and invest in houses and buildings, and provide after-sales services such as lease management.
Recently, there have been many visits from corporate clients. From brokering Manhattan offices for companies preparing for listing on the NASDAQ in the US to purchasing factory sites, design permits, and construction services for semiconductor and small-scale companies that need to set up production facilities in the US in line with the US reshoring policy. In line with this, BuildBlock is currently building a 20 billion won office building in Austin, Texas, a major area for Korean companies and near the Tesla Gigafactory.
BuildBlock achieved sales of approximately KRW 23 billion and net income of KRW 3 billion last year, and based on its sound financial status, it is challenging sales of KRW 100 billion this year. In addition, in cooperation with Hana Bank, Samsung Securities SNI, and NH Securities Real Estate Advisory Center, which have newly formed business partnerships in 2024, it plans to hold one-on-one customized customer consultations and large-scale US real estate seminars to provide customers with accurate information necessary for ‘easy and safe US real estate investment.’
A BuildBlock official said, “Now, more people should be able to easily and safely invest in overseas real estate,” and “We will provide the most accurate answers about U.S. real estate through BuildBlock Investment Advisory.”
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