Alpha Investment Partners (AIP), the wholly-owned real-estate fund management arm of Keppel Land, has made a structured investment of US$210 million ($274.9 million) in Seoul Square, Korea, under its US$1.2 billion Macro Trends Fund (AAMTF). Located in the heart of the City Hall area, the 23-storey Seoul Square has a total rentable area of 1,429,509 sf of prime Grade A office space. The building has been...
Korea Property
Attractive profit from sale of Millennium Seoul Hilton SINGAPORE’S Hong Leong Group is selling the Millennium Seoul Hilton to Korean property developer Kangho AMC for nearly $700 million, reaping an attractive profit of about $465 million in the process. :The 685-room hotel is in one of Seoul’s choicest districts. Hong Leong’s hotel arm, Millennium and Copthorne (M&C), bought it for the...