Singapore's Sovereign Wealth Fund GIC Seeks To Sell Seoul Building - Reuters

Singapore sovereign wealth fund GIC is seeking to sell an office building in Seoul, Reuters reported citing South Korea's Maeil Business Newspaper. The property has an estimated value of up to 1.1 trillion won ($977.2 million), the newspaper said. Government of Singapore Investment Corp., purchased the 30-story building, which is known as Seoul Finance Center, for 355 billion won in 2000.

12 January 2011•1 min read
Feature image
LinkedInXEmail
LinkedInXEmail