Peres Initiatives gallery—a participant on the Artwork Basel in Hong Kong truthful this week—is opening a second area in Seoul subsequent month, additional cementing the South Korean capital as a key artwork market hub within the area.
The brand new gallery, as a result of launch in late April, will probably be housed throughout 4 flooring in a constructing situated within the Sagan-dong neighbourhood near establishments such because the Nationwide Museum of Fashionable and Modern Artwork. Three exhibition areas will probably be unfold over the primary and second flooring of the brand new gallery.
“We want more room to accommodate our artists,” says Javier Peres, the gallery’s founder. “There’s additionally an enormous collector base in Seoul and a growth in personal museums which suggests there may be a number of room for content material.” Peres Initiatives opened its first gallery, a smaller venue in The Shilla Seoul lodge, final April; it additionally runs galleries in Berlin and Milan.
The launch of the brand new area will probably be marked by two exhibits together with an exhibition of works by the London-based artist Cece Philips. The second present, an in depth group presentation, contains works by artists akin to Emily Ludwig Shaffer and Rafa Silvares.
Cece Philips, tbt (2023) Picture: Courtesy of Peres Initiatives
Different Artwork Basel in Hong Kong taking part galleries are additionally bolstering their presence in Asia. Hauser & Wirth is transferring out of its present venue on the fifteenth and sixteenth flooring of H Queen’s tower in Hong Kong and is relocating to a ground-floor block—refurbished by Selldorf Architects—on the junction of Ice Home Avenue and Duddell Avenue. Marc Payot, the gallery’s president, says in a press release that “the transfer to a brand new web site comes at a time after we stay up for deepening our connections within the area”.
Tang Modern Artwork—which runs galleries in Beijing, Hong Kong and Seoul—additionally plans so as to add one other area to its roster in Singapore, a transfer confirmed by Charlotte Lin, advertising and marketing supervisor. The brand new gallery is because of open later this yr.