🇰🇷 Korean, 16 October 2026, data center
GS Construction Sees Data Center Deals as Key to Recovery
Data center deals are expected to contribute to GS Construction's recovery next year, as the company's third-quarter results are expected to be disappointing due to decreased housing sales.
GS Construction’s third-quarter results are expected to be disappointing due to decreased housing sales, but the company’s data center deals are expected to contribute to its recovery next year.
The company’s first data center project in Donghae has received its first building permit, and the development plan is expected to be followed by a construction contract and sales.
Analysts expect the company’s data center deals to contribute to its recovery next year, with the first project expected to be completed in 2028 and subsequent projects expected to be completed in 2027 and 2028.