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Access here alternative investment news about Kkr Teams Up With Igis And Nps To Buy $1.9bn Real Estate Project In Seoul | News | Ipe Ra
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Kkr Teams Up With Igis And Nps To Buy $1.9bn Real Estate Project In Seoul | News | Ipe Ra

by realassets.ipe.com posted 8months ago 30 views
KKR’s investment is being funded from KKR Asian Fund III. : US private equity giant KKR has teamed up with South Korea’s IGIS Asset Management and National Pension Service (NPS) to buy a $1.9bn (€1.65bn) real estate project in Seoul. The trio are buying the mixed-use project under development in the Gangnam business district from a consortium led by local engineering firm Daor E&C. The property will primarily consist of prime grade office space, amenity retail space and a five-star hotel, with a gross floor area of 239,188sqm and net leasable area of 121,707sqm.

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