KKR, IGIS Asset Management buy Gangnam real estate
KKR and IGIS Asset Management have invested in a mixed-use real estate project under development in the Gangnam Business District in Seoul, South Korea. National Pension Service of Korea also invested. The deal is valued at 2.1 trillion South Korean wons ($1.9 billion). The sellers include a consortium led by Daor E&C. The property will consist of prime grade office space, amenity retail space and a five-star hotel.
10 October 2018•3 mins read
