Shinsegae, OKO Group partner to develop Aman, Janu luxury hospitality projects

Shinsegae Group said Tuesday it has partnered with global real estate developer OKO Group to launch hospitality development projects for Aman Group, the operator of the premium hotel and resort brands Aman and Janu. Under the agreement, the two companies plan to establish a joint venture with an initial investment of $500 million to develop Aman and Janu hotels and residences. They also agreed to collaborate on mixed-use commercial real estate projects both in Korea and overseas. The partnership