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Woomi Development
Woomi Development was established in 1989 by Lee Gwang-rae. The company focuses on real estate development and construction in South Korea. The firm holds...
Woomi Development
Woomi Development was established in 1989 by Lee Gwang-rae. The company focuses on real estate development and construction in South Korea. The firm holds residential assets under the Woomi Lynn Apartment brand and commercial properties such as Lynn Square in Gangnam-gu, Seoul. Industrial holdings include Hanam IDC and Yongin International Logistics 4.0 Complex. It also maintains the US Amazon Logistics Warehouse Portfolio. The firm participates in the Heritage Metaverse cultural restoration project alongside Cheil Worldwide. Woomi Development maintains membership in the Korea Housing Association and the Construction Association of Korea. It operates the Woomi Hope Foundation as a philanthropic vehicle. The firm is structured as a corporate investor with direct ownership of development projects rather than fund commitments.
General information
Firm type
Corporate Investor
Year founded
1989
Location
Region
Asia
Country
South Korea
City
Seoul
Corporate office
Seoul, South Korea
Principals
Lee Gwang-rae
Founder
Lee Seok-jun
Chairman of Woomi Construction and Vice Chairman of Woomi Global
Yeong-Han Bae
CEO and Co-President of Woomi Global
Sector focus
Frequently asked questions
Who founded Woomi Development?
Lee Gwang-rae founded the firm in 1989.
What asset classes does Woomi Development hold?
The firm holds residential, commercial, and industrial real estate assets in South Korea and the United States.
Does Woomi Development operate a philanthropic vehicle?
Yes. The firm operates the Woomi Hope Foundation.
Which industry associations does Woomi Development belong to?
Woomi Development is a member of the Korea Housing Association and the Construction Association of Korea.
What is the geographic scope of Woomi Development's portfolio?
The portfolio includes assets in Seoul, Gyeonggi-do, South Korea and a US Amazon Logistics Warehouse Portfolio.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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