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Access here alternative investment news about M&g; Real Estate To Buy Centrpolis Towers In Seoul | News | Ipe Ra
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M&g; Real Estate To Buy Centrpolis Towers In Seoul | News | Ipe Ra

by realassets.ipe.com posted 3months ago 20 views
M&G Real Estate is believed to have signed an agreement with CTCore to buy the towers for €868m. : M&G Real Estate is believed to have signed an agreement with Korean developer CTCore to buy a 26-storey twin tower office asset in Seoul for KRW1.1trn (€868m). Sources told IPE Real Assets that M&G Real Estate plans to acquire Centrpolis for its M&G Asia Core Fund, based in Singapore, and co-investors. If the proposed deal is finalised, it will set yet a new record for an office transaction in Seoul’s core office market.