1963~1973
Beginning of Innovation
A new chapter began through the construction of Samsung Group’s Building
under a new name of “Donghwa Real Estate‘ . Following former president
Lee Byeong Cheol’s vision of turning wasteland into a ‘productive land’
that can be passed on through generations, the company began its growth as an integrated real estate development company.
The resort construction division of Cheil Industries began pushing forward with the building construction endeavors of Samsung Group under the name of ‘Donghwa Real Estate’, and began to write the first pages of its half-century of history.
1971
- 09Dongrae Country Club (currently Dongrae Benest Golf Club) opens to the public (Samsung Everland takes over its operation in July 1988)
1968
- 06Anyang Country Club (currently Anyang Country Club) opens to the public
1967
- 06The company name is changed from Donghwa Real Estate to Jungang Development Inc.
1963
- 12Donghwa Real Estate is established