Korean company acquires 400 Madison Avenue from Allegiance Real Estate Fund. : Daishin Securities, a Korean financial services company, has acquired a New York office tower for $194.5m (€171m). ASB Real Estate Investments said it sold the 180,000sqft office building at 400 Madison Avenue on behalf of its $7.3bn Allegience Real Estate Fund. The 21-storey building, located between 47th and 48th streets, near Grand Central Station, was constructed in 1929.